Bitcoin dips below $62,000, several old miners hit shutdown price
Bitcoin's overall mining difficulty remains high. With electricity prices estimated at $0.06 per kWh, older models like the Antminer S21 and the Bitmain M63S are now yielding negative daily profits, falling below the shutdown price and entering loss territory. Bitcoin has dropped below $62,000, with a 24-hour decline of 7.15%, leading to a long position liquidation of $952 million.
Why it matters: The triggering of shutdown prices for miners means that some miners are forced to power down, which may lead to a temporary decrease in Bitcoin's hash rate, posing a potential threat to network security. Historically, shutdown prices are often one of the signals for market bottoms in cycles.
#比特币 #矿机 #挖矿 #BTC #Crypto