## Bitcoin Mining Profitability Plummets, Crash Predicted According to Swan Desk CEO Jacob King, Bitcoin (BTC) is heading for a crash due to the worsening profitability of mining operations. King highlights a significant disparity between the cost of mining and the current market price. King states that it now costs approximately $112,000 to mine a single Bitcoin, while the market price hovers around $86,000 and is trending downward. This negative margin places immense pressure on miners, making this the least profitable period for BTC mining in a decade. The concern is that miners, facing unsustainable losses, will eventually cease operations. This could trigger a cascade effect, leading to significant price drops and market instability, resulting in a potential Bitcoin crash. Investors and analysts are closely monitoring the situation to assess the potential fallout. ```