Bitcoin Mining Firms Face Profit Crisis; Marathon Digital Reports Record Profits
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Small Miner Exits: As hash prices drop below viable levels, many smaller Bitcoin mining companies are exiting the market, leading to increased competition and potential impacts on future Bitcoin supply dynamics.
- Large Miners Profiting: Despite market challenges, major firms like Marathon Digital Holdings report record profits, demonstrating their strong profitability and adaptability in adverse conditions.
- Market Dynamics Shift: The hash price has consistently declined from October to December 2025, severely impacting the profitability of smaller miners and exacerbating supply-demand imbalances in the market.
- Historical Patterns Resurface: Historical data indicates that exits of smaller miners during economic downturns often precede future Bitcoin price recoveries, suggesting a potential acceleration of industry consolidation trends.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
