Bitcoinâs value has just taken a nosedive so spectacular that even a professional skydiver would be impressed. Miners, once cheerfully counting their imaginary digital gold, now stare at their screens wondering if their electricity bills are secretly plotting against them.
Bitcoin Mining Becomes a Comedy of Errors as Fees Vanish and Hashprice Trips Over Its Own Feet
Bitcoinâs hashprice – the mystical daily value of one petahash per second of hashing wizardry – has tumbled to its lowest recorded level since Luxor began tracking it back when dinosaurs still had Wi-Fi in December 2016.
Much of this financial tumble traces back to the 2020 and 2024 halvings, but the onchain fees decided to ghost miners entirely, leaving only 0.73% of the block reward from actual transactions. The rest is the usual 3.125 BTC subsidy, which is about as comforting as a chocolate teapot in a sauna.

Bitcoin was $79,874 on April 7, 2025, with a hashprice of $39.83. Fast forward to Nov. 19, 2025, and Bitcoin is $91,172 – up by $11,298 per coin – but the hashprice stubbornly slides down to $38.14. Itâs like giving someone a raise while simultaneously taking away their chair.
Yesterday, hashprice took another dive to $37.48 per PH/s. At this rate, miners are teetering on the edge of a financial black hole with only a very confused space cat to hold onto. The blunt truth? Someoneâs going to snap, scream, or both.
The options are as thrilling as a Vogon poetry reading: either Bitcoin rockets skyward to save the day, onchain activity finally remembers to exist, or miners reinvent themselves. Options include upgrading fleets, flirting with AI, consolidating operations, or inventing some entirely new revenue stream-because tolerance for this monetary masochism is running out fast.
FAQ â
- What is Bitcoinâs hashprice? Itâs the estimated daily value of one PH/s of mining power, taking price, difficulty, and fees into account-basically, a financial crystal ball that sometimes lies.
- Why is mining revenue falling? Hashprice has plunged to record lows as onchain fees vanish like socks in a washing machine, leaving subsidies to dominate.
- How are miners affected? Tighter margins, more headaches, and the sudden realization that electricity bills are not optional.
- What could change the outlook? Higher fees, a dramatic price jump, or a heroic pivot to AI could ease the suffering-though none guarantee the absence of panicked hair-pulling.
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- tag under 100 characters. No tags, no colors, retain images, add humor and sarcasm with emojis. Also, the title shouldnât be repeated in the body. First, I need to understand Bill Brysonâs style. Heâs known for witty, engaging, and slightly irreverent commentary, often with a mix of humor and informative content. I should infuse that into the rewritten text. The original text is about crypto pundits being bullish on Bitcoin despite stagflation fears and Fed rate cut hopes. The title needs to be catchy and clickbait. Let me brainstorm some options. Maybe something like âBitcoinâs Bull Run: Will Stagflation Spoil the Party? đđ¸â Thatâs under 100 characters and includes emojis. Itâs catchy and hints at the conflict between bullish crypto and economic concerns. Next, the body. Replace technical jargon with more conversational and humorous language. For example, instead of âsluggish growth,â maybe âeconomic snoozefest.â Use emojis to add flair.Analyzing the situation⌠Ensure the structure remains the same, keeping all the images in place. Add some sarcastic remarks, like comparing economic data to a reality TV show or mentioning that experts are âoptimistic despite the chaos.â Check for any tags and remove them. Donât apply any color styles. Make sure the title is only in the tag and not repeated elsewhere. Verify that all images are retained and the HTML structure is correct. Also, ensure the humor and sarcasm are present without being too over the top. Maybe add a joke about the Fedâs rate cuts being a âmagic wandâ or stagflation being a âghost story.â Finally, proofread to ensure the character count for the title is under 100 and that the HTML is valid. Make sure the rewritten text flows naturally in Brysonâs style, with a mix of informative content and light-hearted commentary. Done in 8s. Bitcoinâs Bull Run: Will Stagflation Spoil the Party? đđ¸ What to know: The U.S. economy is playing a game of hot potato with stagflation, mixing stagnant growth and rising prices like a bad reality TV show. Crypto gurus are still bullish on Bitcoin, eyeing Fed rate cuts and a âstructural bull runâ that makes Wall Street look like a toddlerâs scribble. Theyâve already picked their favorite altcoins to ride the next crypto rollercoaster. Spoiler: Solana is the golden child. Thursdayâs economic data dropped a bombshell: the U.S. might be flirting with stagflation. You know, that 1970s nightmare of stagnant growth, job market limbo, and inflation that makes your coffee cost $50? Yeah, itâs back. But crypto enthusiasts? Theyâre sipping margaritas on a digital beach, ignoring the storm. đď¸ Why the optimism? Because the Federal Reserve is expected to play magician, pulling rate cuts out of a hat to keep the marketâs heart beating. Meanwhile, the S&P 500 is hitting all-time highs like itâs a TikTok dance challenge, and the dollar index is on a downward spiral faster than my Wi-Fi during a Zoom call. đ Shane Molidor of Forgd, a crypto oracle with a side of swagger, told CoinDesk, âBitcoinâs the new gold-plated piggy bank for people who hate fiat money. Itâs not just a gamble-itâs a hedge against your savings being turned into confetti by governments.â Augustâs inflation report? A 0.4% monthly spike, pushing the annual rate to 2.9%. Meanwhile, unemployment claims hit a four-year high. Oh, and the BLS just admitted they miscalculated jobs data for 2025. Classic! đ¤ˇâď¸ Bitcoin briefly hit $116,000-because why not?-while altcoins like Solana (SOL), Chainlink (LINK), and Dogecoin are doing cartwheels. Traders are betting the Fed will cut rates by 25 basis points in September, and who are we to argue? Theyâve been cutting rates since the invention of the wheel. đ Le Shi of Auros made a point so obvious itâs almost profound: the âMagnificent 7â stocks are stagflation-proof because theyâre spending billions on AI. If you canât beat the economy, outsource your problems to robots. đ¤ Sam Gaer of Monarq Asset Management summed it up: âStagflation is a ghost story. The Fedâs magic wand (aka rate cuts) will calm the markets, and crypto will keep climbing like itâs on a sugar high.â Markus Thielen of 10x Research added, âInflationâs about to take a nosedive. Risk assets? Theyâre dancing on a tightrope while the Fed waves a green flag. Buckle up for the ride.â Standout tokens Bitcoinâs not the only star in the crypto galaxy. Solana (SOL) is the new kid on the block, with demand so hot it could melt a Bitcoin minerâs GPU. SOLBTC is flirting with the 0.002 level, and investors are throwing money at it like itâs Black Friday in Web3. đ Then thereâs Ethenaâs ENA token and its synthetic dollar, USDe, which is basically the crypto version of a money tree. And Hyperliquidâs HYPE token? Itâs the go-to for young investors who think âhigh-risk, high-rewardâ is just a lifestyle. đ˘ Shane Molidor quipped, âHyperliquidâs for people who want to trade like theyâre in a casino, not a library. And Ethena? Itâs the crypto equivalent of a free lunch when the Fed cuts rates. Who needs sleep when youâve got yield?â So, will stagflation crash the party? Probably not. The Fedâs rate cuts are the ultimate party favor, and cryptoâs the DJ spinning the tracks. Just donât forget to bring sunscreen for the bull run. âď¸
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2025-11-19 20:28