Bitcoin miners are facing increasing economic strain as key metrics approach the stress zone, with the Puell Multiple falling to 0.74 and the Price-to-Miner-Revenue Multiple dropping significantly. While market prices have remained below average production expenses for five consecutive months, current data suggests gradual pressure rather than the widespread shutdowns seen in previous bear markets. To mitigate these conditions, the Bitcoin network is scheduled to reduce mining difficulty by 10.3% in its upcoming adjustment.
