CryptoSlate estimation: Even with a 6.5% difficulty drop, older S19 rigs still struggle to cover $0.05 per kWh electricity costs
According to CryptoSlate's calculations based on a Hashrate Index snapshot on November 9 at 18:00 UTC, if the projected 6.5% downward adjustment in Bitcoin mining difficulty—expected around November 13—materializes, gross revenue per unit of hashrate could increase by approximately 7%, assuming coin prices, block subsidies, and average transaction fees remain unchanged. However, the two older S19 miner models analyzed still fail to cover electricity costs at an electricity rate of $0.05 per kilowatt-hour, with their calculated breakeven electricity price cap standing at approximately $0.04. The adjustment timing and magnitude remain estimates, and the calculations exclude cooling, hosting, and other operating expenses.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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