F2pool: ASIC mining machines can only be profitable if Bitcoin is above $54,000 with 26 W/T or lower
This week Bitcoin's difficulty has been lowered by 5% to 79.5T, marking the largest decrease since the difficulty briefly fell below 80T in March. F2pool analysis suggests that only ASIC miners with a power efficiency of 26W/T or lower can be profitable when Bitcoin's price is at or above $54,000, with an estimated profit of $0.07 per kilowatt hour. It should be noted that electricity prices vary by region.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Developers Under Pressure: They Give Date for the Biggest Update of the Year
The developers of the world's largest altcoin, Ethereum, have announced a radical update following recent poor performance.
JUST IN: Donald Trump’s Cryptocurrency-Friendly Son Unexpectedly Attends Surprise Altcoin Summit, Makes a Speech
It was learned that Donald Trump's son, Donald Trump Jr., will give a speech at a cryptocurrency summit organized by a surprise altcoin.
Trending news
MoreCrypto prices
More
