Data from Antpool indicates that several leading ASIC miners have reached their shutdown price, with others nearing breakeven points. This development highlights the financial strain on mining operations as market conditions tighten. The shutdown price is the point at which mining becomes unprofitable, prompting operators to halt activities to avoid losses. The current market environment, characterized by fluctuating cryptocurrency prices and rising operational costs, is impacting miners' profitability.
Top ASIC Miners Hit Shutdown Prices Amid Market Pressures
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