Podcast:The State of Bitcoin Mining Heading into the Halving https://cms.megaphone.fm/channel/NLWLLC2118417614?selected=NLWLLC2770100080
The industry currently operates with relatively inefficient machines like the Antminer S19J Pro, which require an operating cost of $0.05/kWh or lower to maintain healthy gross profit margins post-halving . However, the average hosting rate in the United States is just below $0.08/kWh, indicating a potential challenge for miners to maintain profitability