After the Bitcoin price plummeted, almost all miners are in a loss state except for the latest Antminer Bitcoin miners.

BTC0,33%

PANews February 3 News, according to Antpool data, recently Bitcoin prices have fallen to around $78,500, causing the vast majority of Bitcoin miners to be in a loss. Only the latest Antminer S23 series miners (such as Antminer S23 Hydro) remain profitable, with a daily profit of approximately $18.53 per unit. Older models like the Antminer S21 series have a daily profit of only $0.12, and Whatsminer M63S even incurs a daily loss of $0.47. Despite the North American cold snap reducing hash rate, the global Bitcoin network hash rate remains near record highs, with an average monthly hash rate of 927.7 EH/s in January. Miner earnings continue to decline, and some mining companies have shifted toward high-performance computing (HPC) and artificial intelligence services to diversify risk. Additionally, the stock prices of major listed mining companies have also been affected, with MARA Holdings down 2.5%, Cleanspark down 6%, and HIVE Digital down 10%.
Earlier reports, Shen Yu: When Bitcoin drops to $75,000, 23.3W/T miners will reach shutdown price.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BlackRock Adds $139M in Bitcoin as Institutional Inflows Resume

BlackRock has increased its exposure to Bitcoin through its iShares Bitcoin Trust, adding approximately $139 million in a single purchase. This move forms part of a broader accumulation trend, with reports indicating that the asset manager has invested over $600 million into Bitcoin in recent

Coinfomania6m ago

UK Man Claims $172M Bitcoin Stolen, Funds Split Across 71 Wallets

A High Court case reveals the alleged theft of over $170 million in Bitcoin from a hardware wallet, raising concerns about self-custody risks. The funds, claimed by Ping Fai Yuen, were transferred without his knowledge and divided among multiple wallets. Allegations suggest involvement from the claimant's spouse, though these remain unproven. The case exemplifies challenges in cryptocurrency disputes, particularly regarding custody and personal relationships.

TodayqNews24m ago

UK Court Allows $172M Bitcoin Theft Case as Husband Accuses Wife of Stealing Crypto via CCTV

A UK court has allowed a $172M Bitcoin theft case to proceed, where a man alleges his wife recorded his wallet recovery phrase to steal 2,323 BTC. The case highlights challenges in handling crypto disputes under existing laws.

TheNewsCrypto24m ago

BlackRock transferred 567 BTC and 22,657 ETH to a certain CEX, with a total value exceeding $94 million

Gate News reports that on March 17, according to Onchain Lens monitoring, asset management firm BlackRock deposited 567 BTC to a certain CEX, valued at approximately $41.78 million, while simultaneously transferring in 22,657 ETH, valued at approximately $52.40 million. The total value of both transfers exceeded $94 million.

GateNews25m ago

Bitcoin records 8 consecutive trading days of gains, a first in nearly 4 years

Gate News reports that as of March 17, Bitcoin recorded 8 consecutive trading days of gains since March 9, marking the first occurrence in nearly 4 years. According to Glassnode data, Bitcoin has experienced at least 8 consecutive days of gains 15 times throughout history. Following these streaks, there were 9 instances of continued gains and 6 instances of declines over the next 30 days, with a median gain of approximately 19% over the 30-day period.

GateNews54m ago
Comment
0/400
MasterChuTheOldDemonMasterChuvip
· 02-03 01:46
2026 Go Go Go 👊
View OriginalReply0