May 25, 2024

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Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs

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Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC RigsAccording to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting […]