F2Pool data: With the overall network difficulty running at a high level, most older Bitcoin mining rigs have fallen below the shutdown coin price.

PANews, December 2, reported that according to the latest data from F2Pool, under the current electricity price calculated at $0.06 per kWh, most older Bitcoin Mining Rigs have fallen below the shutdown coin price, entering a large area of loss. The data shows that the shutdown coin prices for models such as Antminer S19, S19j, S19 Pro, S17 series, Avalon A13/A12 series, and Shenma M20/M30 series are generally around and above $90,000 to $100,000, with daily net earnings being negative, approaching or reaching shutdown levels. In contrast, the new generation of high-efficiency liquid cooling models still has obvious advantages, among which the Ant S23 Hyd. series has a shutdown coin price of about 32,200 USD, currently maintaining positive returns; the shutdown coin prices of models like S21 XP Hyd. are in the range of 40,000 to 50,000 USD, with risk resistance significantly higher than that of air (lagging) models. Industry insiders believe that as the overall network difficulty operates at a high level and the efficiency gap of mining rigs widens, this cycle is accelerating the “old and new stratification” of mining rigs, making it difficult for outdated models to maintain profitability under current market conditions.