@flashglow
Bitcoin's mining chip efficiency has reached 18 J/TH with Bitmain's newest S21 hydro model, representing a 35% improvement from 2022's best hardware. This relentless efficiency gain allows miners to remain profitable even at 35,000BTCprices,thoughthe35,000BTCprices,thoughthe4,000/unit cost creates high barriers to entry for smaller operators.
0 reply
0 recast
0 reaction