Bitcoin’s mining industry is feeling growing strain as the key profitability gauge, hash price, slides toward levels that could push smaller operators offline and put pressure on mining equipment providers and service partners.

Hash Price Nears Danger Level

According to industry reports , hash price — the expected daily revenue per unit of computing power — is about $42 per PH/s today, down from above $62 per PH/s in July.

That dip toward the $40 mark is forcing some smaller and less efficient miners to weigh powering down their rigs. Reports have disclosed that when revenue falls this far, operators with thin margins can no longer cover power and maintenance bills.

Hardware makers and hosting firms are being affected. Orders for machines have slowed, and any income tied to Bitcoin

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