Bitcoin Plummets Which Mining Machines Face Shutdown Pressure

Bitcoin Plummets Which Mining Machines Face Shutdown Pressure

Bitcoin Plummets Which Mining Machines Face Shutdown Pressure

F2pool released a Bitcoin mining machine data statistical chart today, calculated based on current mining difficulty and an electricity cost of $0.08 per kWh. The chart lists various mining hardware models such as Antminer S19 Pro, Avalon A1366, etc.


Each machine’s information includes:
Hashrate/power ratio: indicating the energy efficiency of each device, e.g., 140T/3010W.
Break-even points at different Bitcoin prices: the price Bitcoin needs to achieve for mining not to incur losses. For instance, if Bitcoin is priced at $57,600, the break-even point for Antminer S19k Pro is $56,898.
Additionally, each device shows electricity cost rates at Bitcoin prices of $56,000, $58,000, and $60,000. These rates reflect the proportion of electricity costs to mining revenue, thereby illustrating profitability at different price levels. For example, at a Bitcoin price of $56,000, the electricity cost rate for Antminer S19k Pro is 102%.
In summary, ASIC miners with efficiencies greater than 23W/T per watt will operate at a loss if Bitcoin prices fall below $58,000. This indicates that less energy-efficient machines incur operating costs exceeding their mining revenues at prices below this threshold.