A tough year for bitcoin miners, as fewer BTC mining devices are profitable at current prices
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Currently, with an electricity cost of $0.07 per kilowatt hour (kWh), only 18 application-specific integrated circuit (ASIC) bitcoin mining devices are able to turn a profit at current prices. Current SHA256 ASIC models are not profitable at $0.12 per kWh, only two devices are profitable at $0.10 per kWh. On December 31, 2022, statistics show […]