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

Share This Post

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 […]

Related Posts

Signs of life?: State of Crypto

But the 2026 midterm election is coming up quite...

Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

Jurrien Timmer, Fidelity's director of global macro, says bitcoin...

Stablecoins see biggest drop since 2022 crypto winter led by Tether (USDT), Circle’s USDC decline

The combined market capitalization of major stablecoins fell from...

Cambridge Compares Ethereum Energy Use With PoS Networks

A new Cambridge study placed Ethereum near the lower...

Zapper to Shut Down Aug. 3 After Nearly Seven Years

The DeFi portfolio tracker once handled $13 billion in...

MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal

The 1,200-acre Matagorda County site was previously slated for...