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Wednesday

21 October 2020

Bitcoin Mining Rigs Struggle for Profits, Despite BTC's Hashrate Reaching an All-Time High | Mining Bitcoin News

Bitcoin Mining Rigs Struggle for Profits, Despite BTC's Hashrate Reaching an All-Time High | Mining Bitcoin News


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Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates.

This means it is harder than ever before to find a block mining the BTC network, but this hasn’t phased the overall hashrate.

While looking at the real-time mining hardware aggregator at asicvalue.com, with the filter set to $0.06 per kilowatt-hour (kWh) and SHA256 miners only, the web portal shows only 13 rigs are profiting today by over $2 per day.

There are 30 SHA256 mining rigs that are profiting at $0.11 to $1.89 per day at $0.06 per kWh.

What do you think about BTC’s hashrate touching all-time highs and the current mining rig profitability.

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