Why Bitcoin Hashrate Hits New Highs as Price Falls

Bitcoin price dropped 8.4% in five days to $61,131 on June 6, 2026, yet the network's hashrate just hit a new all-time high. Lucas and Luna explore the apparent paradox, explaining that miners are now playing a different game—subsidized by cheap natural gas, grid balancing payments, and institutional hedging. They trace how Bitcoin's production cost floor has shifted, why the old 'miners capitulate at this price' models broke, and whether $61k is actually close to the marginal cost of mining. A focused look at the real economics under the hash. #Bitcoin #Hashrate #MiningEconomics #BTC #ProofOfWork #NaturalGasFlaring #GridBalancing #InstitutionalHedging #ProductionCost #CryptoMarkets #Economics #June2026 #LucasAndLuna #FexingoBusiness #BusinessPodcast #CryptocurrencyEconomy #CryptoMining #OnChainData Keep every episode free: buymeacoffee.com/fexingo