CoinShares: 1 in 5 Bitcoin Miners Is Unprofitable Right Now [NEWS]

In this episode of HashrateUp, Jesse breaks down the latest Bitcoin mining news -- from hash price and difficulty trends to public miner financials, Bhutan's Bitcoin sell-off, AI competition for power, and new developments from Luxor, Tether, and the solo mining community.

What are public miners actually paying to produce one Bitcoin once you factor in salaries, financing, and overhead beyond the electricity bill? Jesse challenges the "3.8 cents all-in" narrative from Riot's Q1 2026 report and questions whether large-scale miners are truly profitable at current prices. Also covered: CoinShares estimates up to 20% of miners are...