👀Bitcoin mining profits have compressed to a historic low, and the industry has entered a survival selection period. According to the Miner Weekly report, #BTC's significant pullback in November caused unit computing power earnings to drop from 55 to 35 USD/PH/s, which is below the median total cost of approximately 44 USD/PH/s for listed mining companies. The total network computing power is approaching 1.1 ZH/s, resulting in the latest mining rig recoup investment period exceeding 1000 days, surpassing the countdown to the next halving.
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👀Bitcoin mining profits have compressed to a historic low, and the industry has entered a survival selection period. According to the Miner Weekly report, #BTC's significant pullback in November caused unit computing power earnings to drop from 55 to 35 USD/PH/s, which is below the median total cost of approximately 44 USD/PH/s for listed mining companies. The total network computing power is approaching 1.1 ZH/s, resulting in the latest mining rig recoup investment period exceeding 1000 days, surpassing the countdown to the next halving.