Bitcoin price plunge causes most mining machines to operate at a loss
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Jinse Finance reported that, according to data from Antpool, after the sharp drop in bitcoin prices, almost all mining machines are operating at a loss except for the latest Antminer bitcoin miners. According to Antpool's data, the best-performing miner, Antminer S23 Hydro, has an average daily profit of $18.53. While the Antminer S21 is still profitable, its average daily profit is only $0.12. Meanwhile, according to Antpool, the Whatsminer M63S has an average daily loss of $0.47.
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