Bitcoin miners hit ‘stopping prices’ as profitability drops to multi-month low

Older, mid-range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S, and Avalon A1466I have reportedly already crossed shutdown thresholds, while even the newer S21 units are approaching the limits of viability. The profitability cliff The Bitcoin mining industry is facing a serious drop in profitability this week due to the combination of falling cryptocurrency prices and (…)



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