We mined Bitcoin at $25,000 We mined Bitcoin at $69,000 We mined Bitcoin at $16,000 We mined Bitcoin at $126,000 Now mining at $60,000 We're mining Bitcoin no matter the price. And right now, an S21 XP Hydro hosted at $0.07/kWh is mining BTC at an effective cost of ~$45,000. That's a 26% margin at today's price. With the next difficulty adjustment estimated at -8 to -9%, that margin is set to widen. Easy to get caught up in the noise around price. Efficient machines are still doing exceptionally well.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.