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More than half of mainstream Bitcoin mining machines are close to or have reached the shutdown price, and electricity costs of 16 profitable mining machines account for more than 60%

According to online data from F2pool, more than half of the mainstream Bitcoin miners are either at the edge of shutdown price or are already operating at a loss with Bitcoin price at around $84,803. Out of 135 mainstream miners, 68 miners (about 50.4%) have a daily net income of negative value, meaning that these devices are no longer profitable at the current electricity price ($0.06 per kWh).

Among the 67 miners that are still profitable, 16 miners have electricity costs accounting for over 60%, with the electricity costs for Whatsminer M33S+ and Whatsminer M30S+ reaching up to 99%, and for Antminer S19 reaching 100%, at the break-even point.

The latest generation miners such as Antminer S21 XP water-cooled version have an electricity cost ratio of only 35%, with a daily net income of $15.12, and a shutdown coin price of only $29,757, making it the most risk-resistant miner on the market. Following closely are the Antminer S21e XP water-cooled version (shutdown coin price $32,237) and Teraflux AI3680 (shutdown coin price $37,197).

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