Data: It is estimated that 250,000 to 500,000 mining machines in the United States are idle

2022-10-15 12:38:31
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ChainCatcher news, according to CoinDesk, a large surplus of Bitcoin mining machines is sitting idle, as crypto mining has been hit hard by the decline in prices of Bitcoin and other tokens, along with high energy costs. According to a conversation between CleanSpark (CLSK) Executive Chairman Matt Schult and analysts, it is estimated that there are still 250,000 to 500,000 mining machines sealed and idle in the United States.

Ethan Vera, Chief Operating Officer of mining services company Luxor Technologies, put the global number at 276,000 in September. Additionally, sources indicate that mining company Core Scientific has raised its hosting fees by 20%, recently reaching 25%. (source link)

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