The Block - 2026-06-24
2 items collected.
1. Bitcoin miners face deepening margin squeeze as revenue falls below production costs
Author: Ivan Wu and Bryan Samsoedin
Published: 6/24/2026, 9:41:02 PM
Categories: Companies, Crypto Ecosystems, Crypto Infrastructure, Infrastructure, The Block, Mining, Mining Companies
An estimated 20% of miners are now unprofitable at current prices, and the stress shows up at the network level, too.
2. Who gets a direct line to the Fed? Congress weighs risks of Fed ‘skinny accounts’ for crypto and fintech firms
Author: Sarah Wynn
Published: 6/24/2026, 7:30:55 PM
Categories: Central Banks, Policy, Regulation, The Block, Federal Reserve
As the Fed considers granting firms access to "skinny" accounts, lawmakers debated how much access those companies should have.