CryptoQuant Analyst: Bitcoin Miner Financial Pressure Intensifies, Distress Approaching Bear Market Levels

TechFlow news, July 17, CryptoQuant analyst Darkfost stated that current Bitcoin miners are facing severe operational pressure, with their financial health indicators having dropped to levels seen during historical bear market high-pressure phases. Analyzing multiple data dimensions including miner issuance revenue, block time, transaction fees, and overall revenue, the Miner Financial Health Ratio (7-day average) is currently oscillating within the 10% to 30% range, reflecting significant pressure on mining companies' profitability, while similar low-level performances typically only occur near the peak of bear markets.