CryptoQuant reports: Bitcoin mining profits have fallen to a 14-month low, indicating increased mining difficulty and reduced profitability for miners. This decline reflects recent market trends and the impact of network conditions on mining operations.

PANews January 31 News, according to Decrypt, CryptoQuant data shows that the ratio measuring the relationship between Bitcoin price and Bitcoin mining operation profitability has fallen to its lowest point in 14 months, with the miner profit and loss 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.” Although the Bitcoin network’s hash rate (an indicator of network computing power) has declined for five consecutive cycles and dropped to its lowest point since September 2025, the situation remains the same. In addition to the indicators showing that Bitcoin miners’ “income is extremely low,” some miners have also been severely affected by recent severe winter storms sweeping across the eastern United States, which brought ice and snow disasters to multiple states.