币界网报道：Bitcoin miners are holding onto their reserves despite a 34% drop in revenue, signaling long-term confidence in the cryptocurrency's value. According to recent data, mining revenues fell sharply due to declining Bitcoin prices and higher operational costs, yet miners have refrained from large-scale sell-offs. Industry analysts suggest this behavior indicates a strategic decision to wait for market recovery rather than liquidating assets at lower prices. Major mining firms like Marathon Digital and Riot Blockchain have reported maintaining substantial Bitcoin holdings, with some even increasing their reserves during the downturn. The resilience of miners is seen as a positive indicator for Bitcoin's stability, as reduced selling pressure could help mitigate further price declines. However, concerns remain over the sustainability of smaller mining operations facing cash flow challenges amid prolonged bearish conditions. The current mining difficulty adjustment, which saw a slight decrease, offers some relief but may not be enough to offset the financial strain on less efficient miners. Experts highlight that the sector's ability to weather this downturn will depend on Bitcoin's price trajectory and potential regulatory developments impacting energy costs and mining operations globally.