Bitcoin miners are no longer holding — they’re selling to survive. In Q1 2026, public miners dumped a record 32,000 $BTC , far exceeding all of 2025. The reason is simple: production costs ($80K per $BTC ) are higher than market prices ($68–70K), meaning every coin mined is being sold at a loss. With hashprice collapsing and profitability shrinking, many operations are underwater. Major players like Core Scientific and Bitdeer have already started liquidating reserves — some nearly to zero. But here’s the real shift: they’re not exiting — they’re pivoting. Over $70B is being redirected into AI and high-performance computing infrastructure. Miners aren’t quitting the game — they’re switching arenas. This isn’t the end of mining. It’s the evolution of the industry #MinersDumpRecordBtc #DailyOrbit $BTC