Bitcoin mining equipment older than 2019 reaches shutdown price
As Bitcoin fell as low as $22,600, some mining equipment manufactured in 2019 is no longer profitable, while the rest is barely producing positive returns.Bitcoin (BTC) mining company Bitdeer posted a chart on Twitter showing the price limits for each piece of equipment to remain profitable.
At press time, Bitcoin is trading at $23,437. However, it fell below $22,000 earlier today, which temporarily made Antminer S17+/73T’s unprofitable as well. Antminer S19 and Whatsminer M30S+ were produced in 2020, while Antminer S19j was developed in 2021. These machines can handle an additional 15% loss in Bitcoin prices before they’re deemed unprofitable. The remaining machines, which were also produced after 2020, can remain profitable for up to a 30% price loss in Bitcoin.
Source
t.me/Mining_Crypto_Miner
