Bitcoin’s Bull Run Puts ASIC Miners Back in Profit Mode
The recent surge in Bitcoin’s price, climbing 14.6% over the past 30 days, has revitalised the profitability of ASIC (application-specific integrated circuit) Bitcoin miners. With the going rate for 1 petahash per second (PH/s) of hashpower now hovering around $60.49, significantly higher than $53.20 a month ago, top-tier mining rigs are generating substantial daily earnings.…
