CryptoQuant Report: Bitcoin Mining Profits Drop to 14-Month Low

PANews, January 31 – According to Decrypt, CryptoQuant data shows that the ratio measuring the relationship between bitcoin price and bitcoin mining operational profitability has dropped to its lowest point in 14 months, with the Miner Profitability Sustainability Index at 21, the lowest level since November 2024.

CryptoQuant believes that, given the sharp decline in bitcoin prices this week and the current mining difficulty, miners' income is "extremely low." This remains the case even though the bitcoin network's hashrate (an indicator measuring network computing power) has declined for five consecutive periods and has fallen to its lowest point since September 2025. In addition to the "extremely low" income for bitcoin miners indicated by the above metrics, some miners have also been severely affected by the recent severe winter storm sweeping across the eastern United States, which has brought icy and snowy disasters to multiple states.