🌍 Global Shutdown Price Reference

📉 Approximately $62,000 USD

In a typical example:

🔸 Taking popular mining machines (such as Antminer S19 XP Hydro) as an example

🔸 Assuming electricity costs about $0.06/kWh

🔸 When the price of Bitcoin falls below ~$62,341 USD, the earnings are basically just enough to cover the electricity costs, and miners are almost at breakeven (shutdown edge).

The above data can be used as a reference. In fact, many older generation mining machines around 75 have already dropped to shutdown price levels. When it drops to around 6.2-6.5, medium to large mining farms are about at shutdown price.

Every round of bear markets will break the shutdown price. Is 6.2 the bottom? Not necessarily, but I previously mentioned that the spot price around 75 could be a good entry point, and buying again after a 5000 drop is fine, just accumulate in batches. No one knows where the bottom is, remember this: When others are fearful, be greedy!