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Miner Breakeven Post Halving (Patreon)

Published:
2023-12-18 01:55:53
Imported:
2023-12

Content

A few months back, I mentioned that Bitcoin needed to reach $70,000 for most miners to break even. However, they are now making as much money as when Bitcoin was at $69,000. It seems like they will be fine if things continue as they are.

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Comments

Anonymous

Not sure if this is the place to ask... AM I SCREWED? I recently invested a bunch of money into HIVE at an average of 4.95cad / 3.70 usd. It seems I didn't notice the change but the ranking for HIVE according to IA dropped and they recently sold a lot of their eth position/mining. Should I cut my losses and invest in higher ranks such as clearspark? or will they have a comeback as I speculated they might hit about $20 cad / $15 usd which I am now doubting (myself). It also seems they have been putting a lot of their spending into AI which I'm not sure will help their revenue and growth as they have envisioned...

Anonymous

Hi James. CLSK is doing well and I have a decent bag of it thanks to you!!! I have some cash coming my way shortly and am wondering about the best miner to buy now if I'm seeking high return. Are there any lower cap miners that have a good shot at outperforming CLSK over the next 18-24 months? Thank you.