Bitcoin Mining Models Approach Shutdown Threshold At Industrial Power Rates

Bitcoin miner MARA reports $1.7 billion quarterly loss amid sharp BTC price decline (Image: Shutterstock)
Bitcoin miner MARA reports $1.7 billion quarterly loss amid sharp BTC price decline (Image: Shutterstock)

Multiple Bitcoin mining models face shutdown thresholds at industrial electricity rates as Bitcoin trades near $75,000.

Antpool data shows Antminer S21 series requires $69,000-$74,000 per bitcoin to remain profitable at $0.08/kWh power costs.

Older hardware including Antminer S19 XP+ Hydro and WhatsMiner M60S operate at or below breakeven with current pricing.

What Happened

At $0.08 per kilowatt-hour electricity costs, several mid-generation models approach unprofitable territory, according to mining pool calculations.

The Antminer S21 series faces shutdown prices between $69,000-$74,000 per bitcoin, placing operations under pressure as prices hover near that range.

Legacy models including Antminer S19 XP+ Hydro, WhatsMiner M60S, and Avalon A1466I operate near or below shutdown thresholds at current rates.

High-efficiency hydro-cooled units including U3S23H and S23 Hydro maintain profitability above $44,000 per bitcoin, creating widening gaps between hardware generations.

Bitcoin's 12% weekly decline to $74,876 triggered over $520 million in forced liquidations across mining derivatives.

Read also: Russia's BitRiver Bitcoin Miner Enters Bankruptcy As CEO Arrested For Tax Evasion

Why It Matters

Industrial power rates around $0.07-$0.08/kWh represent baseline costs for professional mining operations in North America.

The narrow profit margins force operators to upgrade hardware or face negative daily returns as mining difficulty remains elevated.

Hardware prices crashed 90%+ from 2021 peaks as miners liquidate unprofitable equipment, with S19 units selling for $3-$4 per terahash.

Only operations with sub-$0.05/kWh electricity rates or newest-generation hydro equipment maintain healthy margins under current conditions.

Read next: 74-Year-Old Tortured After Kidnappers Wrongly Believed His Son Held €3M In Crypto

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Kostiantyn Tsentsura

Kostiantyn Tsentsura is a Content Writer at Yellow.com with over 8 years of experience in crypto, dedicating the last 4 years to writing about the industry. Based in Kyiv, he’s passionate about football, fishing, and kayaking. When he’s not tracking market trends or exploring crypto news, you’ll find him on the water—because even in crypto, sometimes it’s best to just go with the flow.

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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Bitcoin Mining Models Approach Shutdown Threshold At Industrial Power Rates | Yellow