Main page News, Mining, Bitcoin

According to the results of the first quarter of 2023, the cost of equipment for cryptocurrency mining recorded an increase of between 15% and 20% and, in some cases, up to 30% due to the increase in the price of Bitcoin.

During Q4 2022, the average price of ASIC miners was reportedly around $1,300-1,800, while by early Q2 2023 it had risen to $1,500-2,000.

Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world

Energy-efficient flagship models remain popular in the market, including Whatsminer's M30S+, M30S++, M50S+ and Antminer's S19, S19 Pro, S19 XP.

In addition to the 79% Bitcoin price increase since the beginning of the year, the dollar exchange rate, the number of devices purchased and other factors also affect the final cost of equipment.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.