Bitcoin miners risk shutdown if BTC falls below $70,000, BeInCrypto says

BeInCrypto reports Bitcoin’s latest sell-off is approaching a key level — around $70,000 — where many modern miners approach breakeven; falling below it could force shutdowns or BTC selling and increase downside pressure. At current network difficulty and electricity costs of about $0.08 per kWh, new mining data shows most Antminer S21-series machines — which account for a large share of modern hashrate — have shutdown prices clustered between $69,000 and $74,000.

Below that range, many miners stop making money from operations alone. Around $70,000, Bitcoin shifts from a trader-driven market into one where network economics, miner behavior and forced-selling risks begin to matter. Above the level mining is broadly profitable; below it profitability becomes selective, leaving only the most efficient miners unscathed and putting mid-tier operators under pressure.

If Bitcoin briefly dips under $70,000 and recovers quickly, the impact should be limited. But sustained trading below that level could prompt weaker miners to sell BTC reserves, shut down machines (reducing hashrate) and create negative headlines — effects that can amplify downside when combined.

BeInCrypto notes this mining stress becomes particularly dangerous if it overlaps with existing market strains — tight global liquidity, reduced risk appetite, ETF outflows and derivatives liquidations.

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