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Bitcoin’s projected difficulty cut would still leave older S19 rigs short at 5-cent power

CryptoSlate
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Bitcoin’s projected difficulty cut would still leave older S19 rigs short at 5-cent power

A 6.5% cut would improve gross mining revenue at unchanged Bitcoin price, subsidy and fees, while modeled S19 electricity ceilings remain near 4 cents/kWh. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. A 6.5% cut would improve gross mining revenue at unchanged Bitcoin price, subsidy and fees, while modeled S19 electricity ceilings remain near 4 cents/kWh.
  2. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
  3. Get The Catalyst in your inbox
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.