On June 22, 2025, Bitcoin miners' daily income fell to $34 million, the lowest since April 20, amidst a general decline in Bitcoin prices.
Decline in Daily Miner Income
On June 22, 2025, Bitcoin miners' earnings dropped to $34 million, the lowest recorded since April 20. This follows a recent halving of the Bitcoin block subsidy, significantly reducing per-block rewards.
Increase in Miner Reserves
Despite the decrease in revenues, major mining pools and individual miners have notably increased their Bitcoin holdings. Medium-sized miners have added 4,000 BTC to their reserves since April, indicating a strategic choice to withhold assets amid market uncertainty.
Bitcoin Market Resilience
As of June 27, 2025, Bitcoin is trading at $107,304.48, up 27.33% over the past 90 days. Growing miner reserves coincide with Bitcoin's price consolidation phases, suggesting a potential resilience of the market against recent fluctuations.
The current situation illustrates the pressures facing Bitcoin miners with declining revenues. However, their increasing reserves may indicate a strategy to bolster market stability in uncertain conditions.
