The Biggest Challenges Facing Bitcoin Miners Going Into 2026

Bitcoin miners are entering a period of new structural risk tied to power contracts, firmware systems, and hosting agreements as the industry approaches the new year, according to Matthew Case, an independent analyst who tracks mining economics. In a recent X post, Case described these pressures as forces operating beneath the surface while miners remain focused on the next halving (in 2028) and hardware cycle. The analyst argued that these vulnerabilities could shape who controls Bitcoin’s hash rate and ...