Key Takeaways Bitcoin at $78,000 is nearing shutdown prices for many mid-tier miners like S19 XP+ and M60S. Antminer S21 series rigs could suffer losses if BTC drops to the $69,000–$74,000 range. Efficient models like S23 remain profitable even at much lower prices around $44,000. Bitcoin is trading at $78,489 following a volatile slump, putting miner profitability on a knife’s edge. If BTC slides further below $69,000–$74,000, mid-tier rigs may reach a tipping point, forcing a wave of shutdowns. ...

Antpool data shows that at current Bitcoin mining difficulty and an electricity cost of $0.08 per kWh, several miners including Antminer S19 XP+ Hydro, WhatsMiner M60S, and Avalon A1466I are near shutdown price levels, while the Antminer S21 series has shutdown prices around $69,000–$74,000 per BTC, and high-hashrate models such as U3S23H and S23 Hydro remain profitable above $44,000 per BTC. https://t.co/DhWFHx7NvN ...