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Home Blockchain

Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs

by wireopedia memeber
April 27, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
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According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting […]

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