It's tough to be a bitcoin miner right now

If you are mining bitcoin it's never been more difficult than it is right now, at least according to Goldman Sachs.

According to Goldman throughout bitcoin's entire history it's never been more unprofitable to mine bitcoin as it is right now.

(Source: https://x.com/BitcoinNewsCom/status/1824898997800325156/photo/1)

That is a very bold claim!

Either the hashrate will fall or the price will go up, until then miners going to be hurting.