Bitcoin Mining Margins Hit Record Lows As Hashprice Falls Toward Break-Even Levels

Bitcoin mining profitability has dropped to one of its weakest points in years, as hashprice, the revenue miners earn per petahash per second, has fallen to roughly $35/PH/s. With median cash-based hashcosts near $44, a large portion of the industry is now operating at, or below, break-even. source: https://www.ethnews.com/bitcoin-mining-margins-hit-record-lows-as-hashprice-falls-toward-break-even-levels/