An Updated Look at Bitcoin Miner Profitability

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ICYMI: An Updated Look at Bitcoin Miner Profitability

Bitcoin’s hashprice has reached the lowest point since November 2020, thanks to the recent market slump and growing mining difficulty.

That has significantly changed the economics for some old-gen ASIC miners that were estimated to account for 20% of the network hashrate as of December. This piece takes an updated look at the break-even prices, miner shipment, and the possible scenarios that could play out this year.Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Source: News Formal (newsformal.com)

 

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