The halving of Bitcoin and the cooling of Runes have caused the operating costs of various mining machines to approach their shutdown prices

Bitget2024/04/29 09:02

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PANews reported on April 29 that according to Wu, citing f2pool data, after the Bitcoin halving, the operating costs of various mining machines, including Antminer S19, T19, Shenma M33S+ and M30S+, have been close to their shutdown prices, based on an electricity price of $0.06 per kWh. In addition, as the popularity of the Runes project has decreased, miners' income has decreased, and the electricity cost of the most advanced Bitcoin mining machines has now exceeded 50%.

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