I have seen this question asked here and there but have never seen a good answer.
Recently I read articles (is it FUD ?) saying that with Bitcoin under $20,000 miners lose money.
I’m sure they can have a couple of negative weeks or months but what would happen if Bitcoin goes to $10,000 or lower and stays there for months or years until the next halving that would make it even more difficult for miners.
As of now the hash rate seems to be unaffected but I can’t imagine miner running at at lose.