Bitcoin Miners Hit ‘Shutdown Prices’ as Profitability Slumps to Multi-Month Low

Bitcoin Miners Hit ‘Shutdown Prices’ as Profitability Slumps to Multi-Month Low



Bitcoin Miners Hit ‘Shutdown Prices’ as Profitability Slumps to Multi-Month LowOlder 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 […]


news.bitcoin.com
#Bitcoin #Miners #Hit #Shutdown #Prices #Profitability #Slumps #MultiMonth

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *