Nearly half of the mainstream GPU mining machines have reached the shutdown price.

The Shenma M53S, which was released in 2022 and configured in 2023, also reached the shutdown price today.

The next mining machine Ant S19KPro with a shutdown price of 74,000 was released on April 1, 2024, and can be used by mining companies in the second half of 2024. In other words, except for mining companies that used the latest generation of products last year, they can still make profits from naked mining. Other mining companies that have not replaced new equipment can stop naked mining.

The profits of crypto mining companies in the first quarter of this year are not good.