It's been rough to be an investor, and it's about to be rough to be a miner as well...

The price of bitcoin is falling very close to the cost of production for miners.

This is an average price, meaning some miners are already in the negative while others will be solidly in the green even at lower prices.

However, based on the average cost of production, miners are about to start feeling the pain as well:

(Source: https://twitter.com/C_Barraud/status/1540973271226748929/photo/1)

Miners had been holding a lot of their mined tokens, with the cost to mine falling below the market price, will miners continue to hold or will they be forced sellers?!