The price of Bitcoin has approached the shutdown coin price of mainstream mining machines such as Shenma M30S and Antminer T19
ChainCatcher news, F2pool data shows that as Bitcoin drops to around $16,000, based on an electricity cost of $0.06 per kWh and current mining difficulty, the vast majority of mining machines, including the Shenma M30S, Antminer S17 series, Rhino H8 Pro, and Hummingbird H9 Pro, have reached the shutdown price. The highest hash rate miner, Antminer S19 XP, has a daily net profit of $6.5 (shutdown price $8742.82), with electricity costs accounting for 56%. (source link)
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