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

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

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unplugging the rigs why your favorite bitcoin miner might be losing money right nowOlder 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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