A 6.5% cut would improve gross mining revenue at unchanged Bitcoin price, subsidy and fees, while modeled S19 electricity ceilings remain near 4 cents/kWh. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Bitcoin’s projected difficulty cut would still leave older S19 rigs short at 5-cent power
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CryptoSlateBy Liam 'Akiba' Wright
EXECUTIVE SUMMARY
A 6.5% cut would improve gross mining revenue at unchanged Bitcoin price, subsidy and fees, while modeled S19 electricity ceilings remain near 4 cents/kWh. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Bitcoin’s projected difficulty cut would still leave older S19 rigs short at 5-cent power.
- A 6.5% cut would improve gross mining revenue at unchanged Bitcoin price, subsidy and fees, while modeled S19 electricity ceilings remain near 4 cents/kWh.
- Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
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Published originally on CryptoSlate
