When BTC Was $52,000, Only 5 Types of Miners Were Profitable
CryptoNewsTerminal Staff04 Aug, 2024
When BTC Was $52,000, Only 5 Types of Miners Were Profitable
Only 5 Types of Bitcoin Miners Were Profitable When BTC Was $52,000 Cryptocurrency media outlet U.blockchain cited data from Chinese cryptocurrency mining pool F2Pool and reported, "When Bitcoin fell to $52,000, only five types of mining machines remained profitable. At an electricity rate of $0.07/kWh, most BTC miners became unprofitable." As of writing, BTC is trading at $51,988.75, down 14.44% according to CoinMarketCap.
