Bitcoin's recent price drop has brought it close to the shutdown threshold for certain mining rigs. DiscusFish, co-founder of Cobo and F2pool, noted that Bitcoin's price has fallen nearly 15% this week. He highlighted that if Bitcoin reaches $75,000, mining rigs with a power output of 23.3W/T will hit their break-even point, making continued operation unprofitable.
Bitcoin's Decline Nears Shutdown Price for 23.3W/T Mining Rigs
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