Listed Bitcoin miners’ weighted average pre-tax cash mining cost reached about $75,500 per coin in the second quarter of 2026, above Bitcoin’s quarter-end price of roughly $58,400, CoinShares reported. The data indicates the industry fell below its cash breakeven line during the period.
Hash price dropped to a record low of $27.7 per PH/s/day in June. Including depreciation, amortization and equity incentives, full costs varied widely by company, from about $76,529 for ABTC to $353,168 for CIFR. Several miners have shut down portions of hashrate or shifted toward AI and high-performance computing operations.
CoinShares Says Listed Bitcoin Miners’ Q2 Cash Costs Exceeded BTC Price
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