⚠️ Based on an electricity price of $0.08/kWh and a 5% mining pool fee rate, the mainstream mining power leader — Antminer S21 series miners have reached the shutdown price.

Only some high-end new machine models are still profitable, with a shutdown price of 44k.

2018: Bottom at 3200, mainstream miner S9 shutdown price 4000.
2022: Bottom at 15000, mainstream miner S19 shutdown price 18000.

So here's the question — if we're drawing a sword to catch a shadow —
2026 mainstream miner S21 shutdown price 69000, this cycle's $BTC bottom at 55000?