Several publicly traded Bitcoin mining companies have retired older-generation mining equipment as Bitcoin’s hashprice remains stagnant below $55/PH/s. In its latest monthly production update, Bit Digital reported selling 4,509 units of the Antminer S19 model at $1.9/TH/s last month. The company simultaneously upgraded its fleet by purchasing 941 units of the newer S21 model for […]
The post Public Miners Phase Out S19s Amid Stagnant Bitcoin Hashprice appeared first on TheMinerMag.
