“All units outside of the [Bitmain Antminer] S19 XP [go] into negative gross margin territory,” at above 9 cents per kilowatt hour, said Ethan Vera, chief operating officer at mining services firm Luxor Technologies. “If hashprice [the value of 1 terahash/second of computing power per day] trends down we expect it to hit some resistance points as the high-cost operators and low-efficiency miners turn off,” he added.
Source: https://www.coindesk.com/business/2022/10/21/core-scientific-again-raises-bitcoin-mining-hosting-rates/?utm_medium=referral&utm_source=rss&utm_campaign=headlines