Mining rigs are getting cheaper mainly due to a decline in bitcoinโs hashprice, the revenue miners generate per terahash of computing power. This measure of profitability, which factors in Bitcoinโs network difficulty, price, energy costs, block subsidies and transaction fees, has been โchoppy and steadily decreasingโ in the past year, Harper said.
Bitcoin Miners Buy up Rigs as Prices Near All-Time Lows
