F2Pool data: With the overall network difficulty running at a high level, most older Bitcoin mining rigs have fallen below the shutdown coin price.

GateNews
BTC-0,41%

PANews, December 2, reported that according to the latest data from F2Pool, under the current electricity price calculated at $0.06 per kWh, most older Bitcoin Mining Rigs have fallen below the shutdown coin price, entering a large area of loss. The data shows that the shutdown coin prices for models such as Antminer S19, S19j, S19 Pro, S17 series, Avalon A13/A12 series, and Shenma M20/M30 series are generally around and above $90,000 to $100,000, with daily net earnings being negative, approaching or reaching shutdown levels. In contrast, the new generation of high-efficiency liquid cooling models still has obvious advantages, among which the Ant S23 Hyd. series has a shutdown coin price of about 32,200 USD, currently maintaining positive returns; the shutdown coin prices of models like S21 XP Hyd. are in the range of 40,000 to 50,000 USD, with risk resistance significantly higher than that of air (lagging) models. Industry insiders believe that as the overall network difficulty operates at a high level and the efficiency gap of mining rigs widens, this cycle is accelerating the “old and new stratification” of mining rigs, making it difficult for outdated models to maintain profitability under current market conditions.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Iran Strikes Saudi Jubail: Tensions in the Strait of Hormuz Trigger a Bitcoin Drop and a Surge in Oil Prices

Iran launched a missile and drone attack on Saudi Arabia’s Jubail on April 7, triggering a large fire and further escalating tensions in the Middle East. Iran rejected the U.S. peace plan and put forward a 10-point counterproposal, indicating that it is seeking to consolidate its advantage in negotiations. The market response was clear, with Bitcoin and precious metals prices fluctuating; the situation ahead will affect global energy and financial markets.

GateNews7m ago

Polymarket: Iran ceasefire probability is only 3%, and the surge in oil prices is hitting Bitcoin’s price trend

The expected shift around Iran ceasefire talks is toward pessimism, and the trading market shows that the ceasefire success rate set by Trump is only 3%. Iran rejected a short-term ceasefire proposal and put forward long-term political and economic conditions, further compressing the room for negotiations. Energy markets are strengthening in expectation, and the probability that WTI crude for April, which hit $120, rises to 77%. Crypto assets such as Bitcoin are under pressure during the phase when risk appetite declines, with capital flowing into traditional safe-haven assets.

GateNews31m ago

Bitcoin 2026 conference announces that Afroman will serve as a speaking guest

Chatty rapper Afroman confirms he will attend the 2026 Bitcoin Conference, which will be held in Las Vegas on April 27–29. Afroman recently won a legal battle about free speech, and his attendance will also include showcasing the American flag suit he wore during the legal battle. His story resonates with the Bitcoin community’s ideals of defending freedom.

ChainNewsAbmedia34m ago

Over the past 7 days, a certain exchange’s BTC wallet balance fell by 5.03%, and a certain CEX’s reserve assets saw net outflows of more than $143 million

Over the past 7 days, among the top 10 exchanges by BTC wallet balance, one exchange had the largest decline of 5.03%, while Gate had the largest increase of 2.54%. In terms of reserve assets, the top three net outflows were from a certain CEX, another CEX, and a third CEX, while Gate’s net inflow exceeded $103 million.

GateNews1h ago

Bitcoin Drops Below $69k: Trump’s Final Ultimatum to Iran Triggers Risk-Off Selling

Bitcoin fell to $685,000 on April 7, down about 2% for the day. Driven by concerns over the Middle East situation, risk-off sentiment has increased. With the market under pressure and international oil prices rising, the crypto market has faced headwinds, and investors lack confidence in a Bitcoin rebound. In the short term, macro events will continue to affect Bitcoin’s price action.

GateNews1h ago
Comment
0/400
No comments