Imagine running a business where every year your costs climb, but the reward for all that work keeps shrinking. That’s the reality for Bitcoin miners in 2025. Mining Bitcoin isn’t a magic process. It’s math on steroids where rows of machines race to solve cryptographic puzzles. The first to solve one gets paid in new bitcoins, a kind of digital prize. Every four years, Bitcoin cuts mining rewards in half. It’s called “halving”, designed to create scarcity like gold. Except gold doesn’t halve your paycheck while your costs double. Meanwhile, energy prices climbed 40% and mining difficulty hit all-time highs, pushing ... (full story)