As reported by Coinomedia, Bitcoin mining margins have reached historic lows, with the hashprice falling to $35 per PH/s. Public miners are now operating at or near break-even as median mining costs approach $44 per PH/s. The decline in hashprice, combined with rising network difficulty and the 2024 halving event, has intensified pressure on mining operations. Miners without energy efficiency or scale advantages face difficult choices, including exiting the market or consolidating operations.
Bitcoin Mining Margins Hit Historic Lows as Hashprice Drops to $35 per PH/s
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