Bitcoin Miners Hit 'Shutdown Prices' as Profitability Slumps to Multi-Month Low
5 Articles
5 Articles
Bitcoin Miners Hit 'Shutdown Prices' as Profitability Slumps to Multi-Month Low
Older and mid‑range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466I have reportedly already crossed shutdown thresholds, while even newer S21 units are nearing viability limits. The Profitability Cliff The bitcoin mining industry is facing a severe profitability squeeze this week as a combination of falling cryptocurrency prices and high […]
The shutdown price is the cost of mining one bitcoin based on electricity consumption. Some devices already operate at this price limit. Read more
BTC mining machines are almost at shutdown levels after the latest price dip
BTC mining depended on the latest ASIC machines to give it an edge. At current BTC prices, however, even the latest models may be close to shutdown values. BTC mining is entering the shutdown zone, even for the most advanced ASIC models. Based on Bitmain’s profitability data, some of the most common models are already mining at a loss. The model comparison was made at $0.08 per kWh, where several advanced mining machines are near shutdown leve…
Bitcoin Mining Economics Tighten as Several ASIC Models Near Shutdown Levels Bitcoin News ETHNews
Bitcoin mining profitability is increasingly compressing as network difficulty remains elevated and electricity costs approach $0.08 per kWh, placing multiple widely used ASIC models close to their shutdown thresholds. Data from Antpool shows a clear divergence forming between older and next-generation miners, with only the most efficient hardware maintaining meaningful downside resilience. This moment matters structurally because miner shutdown…
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