Bitcoin Miners Hit ‘Closing Prices’ As Profitability Falls To Multi-Month Low

Bitcoin Miners Hit 'Closing Prices' As Profitability Falls To Multi-Month Low



Older and mid-range miners like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466 have reportedly broken the shutdown limits, with even the newer S21 units approaching the limits of viability. Profitability cliff The Bitcoin mining industry is facing high profitability this week due to the falling price of the cryptocurrency and high leverage. […]

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