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TheBlock 2022-05-12 14:47:16

An Updated Look at Bitcoin Miner Profitability

Quick TakeBitcoin’s hashprice has reached the lowest point since November 2020, thanks to the recent market slump and growing mining difficulty.That has significantly changed the economics for some old-gen ASIC miners that were estimated to account for 20% of the network hashrate as of December.This piece takes an updated look at the break-even prices, miner shipment, and the possible scenarios that could play out this year.

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