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Bitcoin Mining Crisis: Bitmain Cuts Hardware Prices Amid Profit Margins Squeeze

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Bitcoin price today has fallen below $100,000 in November 2025, worsening mining returns. Bitmain has slashed prices for several Bitcoin ASIC models to clear inventory. High-end units like the S19 XP+ Hydro now trade near $4 per TH/s, while older models like the S21 Immersion hover at $7–$8. Mining operators are delaying expansions as Bitcoin price prediction models show little near-term upside. Hash price remains at a multi-year low, with no clear recovery unless electricity costs drop or Bitcoin price today rebounds.
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