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Bitcoin’s next difficulty rise could leave some rigs earning less than their power bill

CryptoSlate
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Bitcoin’s next difficulty rise could leave some rigs earning less than their power bill

At unchanged Bitcoin price, subsidy and fees, the projected Oct. 16 retarget could push 20 J/TH equipment paying 8 cents/kWh below its electricity-only threshold. 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. At unchanged Bitcoin price, subsidy and fees, the projected Oct.
  2. 16 retarget could push 20 J/TH equipment paying 8 cents/kWh below its electricity-only threshold.
  3. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
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.