Antpool Data Shows Multiple Bitcoin Miners Near Shutdown Thresholds

Following Bitcoin’s drop to around $78,500, Antpool data shows most miners are no longer profitable, with only top-tier models generating notable daily earnings.

BTC

Summary

Antpool data indicates that after Bitcoin’s price fell to approximately $78,500, most mining rigs are either breaking even or operating at a loss. Only the Antminer S23 Hydro remains clearly profitable, generating $18.53 per day. The Antminer S21 earns just $0.12 daily, while the Whatsminer M63S incurs a $0.47 daily loss. These figures reflect a sharp tightening of profitability across the sector, pushing many miners closer to shutdown thresholds despite the presence of newer, more efficient models.

Terms & Concepts
  • Antminer: A popular brand of cryptocurrency mining rigs produced by Bitmain, widely used in Bitcoin mining operations.
  • Shutdown Price: The Bitcoin price level at which mining revenue equals operating costs, making continued operation unprofitable.