Just checked the numbers and miners are getting absolutely squeezed right now. Bitcoin's sitting around 73K but average mining costs are still hovering near 87K depending on location and equipment. That's a brutal margin, especially for smaller operations. I've been watching average mining profitability data and it's been pretty grim the last few weeks. Some miners are probably running at a loss just to keep the lights on and maintain network participation. The gap between current price and average mining expenses is one of the biggest headwinds for the industry right now. Makes you wonder how long smaller players can hold out before they have to shut down operations. Interesting times for the mining sector.