Data: With the overall network difficulty running at a high level, most old Bitcoin mining machines have fallen below the shutdown price

According to the latest data from F2Pool, with the current electricity price calculated at $0.06 per kWh, most older Bitcoin mining machines have fallen below the shutdown price, entering a large-scale loss zone.

Data shows that the shutdown prices for models such as Antminer S19, S19j, S19 Pro, S17 series, Avalon A13/A12 series, and Bitmain M20/M30 series are generally around or above $90,000 to $100,000, with daily net income being negative, approaching or reaching shutdown levels. In contrast, the new generation of efficient liquid-cooled models still has a significant advantage, with the shutdown price for the Antminer S23 Hyd. series being about $32,200, currently maintaining positive earnings; models like S21 XP Hyd. have shutdown prices in the range of $40,000 to $50,000, showing significantly higher risk resistance compared to outdated models. Industry insiders believe that as the overall network difficulty remains high and the efficiency gap between mining machines widens, this cycle is accelerating the "new and old stratification" of mining machines, making it difficult for outdated models to maintain profitability under current market conditions.