$BTC : Bitcoin’s projected difficulty cut would still leave older S19 rigs short at 5-cent power
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At unchanged Bitcoin price, subsidy and fees, the projected 6.5% difficulty cut would leave modeled 95 and 90 TH/s S19s below electricity coverage at 5 cents/kWh.
Bitcoin miners could earn about 7% more per unit of computing power if a projected difficulty cut materializes, but the relief would leave two older S19 variants needing electricity near 4 cents per kilowatt-hour just to cover machine power. Hashrate Index’s November 9 snapshot , dated 18:00 UTC, projected a 6.5% difficulty reduction around November 13.
#Bitcoin #CryptoMarket
Source - CryptoSlate
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At unchanged Bitcoin price, subsidy and fees, the projected 6.5% difficulty cut would leave modeled 95 and 90 TH/s S19s below electricity coverage at 5 cents/kWh.
Bitcoin miners could earn about 7% more per unit of computing power if a projected difficulty cut materializes, but the relief would leave two older S19 variants needing electricity near 4 cents per kilowatt-hour just to cover machine power. Hashrate Index’s November 9 snapshot , dated 18:00 UTC, projected a 6.5% difficulty reduction around November 13.
#Bitcoin #CryptoMarket
Source - CryptoSlate
