The most efficient bitcoin mining machines are selling for ~$24 per 100 terahashes, down from $106 in 2021, as unprofitable miners are forced to sell equipment (Paul Vigna/Wall Street Journal)

https://ift.tt/CBWpqcl

Paul Vigna / Wall Street Journal:
The most efficient bitcoin mining machines are selling for ~$24 per 100 terahashes, down from $106 in 2021, as unprofitable miners are forced to sell equipment  —  Unprofitable miners have become forced sellers of their own crypto equipment  —  There's a fire sale on bitcoin-mining hardware.

from Techmeme https://ift.tt/J0G1BMm