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F2Pool: Most Older Bitcoin Mining Rigs Are Now Shutdown Price.

2025.12.02 10:46:42

December 2 Latest data from F2Pool shows that with Bitcoin network difficulty remaining high and electricity costs estimated at $0.06 per kWh, several older Bitcoin mining rig models have fallen below their shutdown price and entered unprofitable territory. Models including the Antminer S19, S19j, S19 Pro, S17 series, Avalon A12/A13 series, and Whatsminer M20/M30 series have shutdown prices mostly in the $90,000–$100,000 range or higher. Their current daily net income is negative, putting them near the shutdown threshold. In contrast, the new generation of high-efficiency liquid-cooled rigs has shown greater resilience. Data indicates the Antminer S23 Hyd. has a shutdown price of approximately $32,200 and remains profitable. Rigs like the S21 XP Hyd. have shutdown prices ranging from $40,000 to $50,000, boasting significantly better risk resistance than air-cooled models. Industry insiders note that as network difficulty rises and the efficiency gap widens, this cycle is accelerating the industry’s split between new and old miners. Outdated rigs face increasingly limited profitability in the current market environment.
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