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In anticipation of Bitcoin's next <a href="https://ultramining.com/news/en/heat-waves-and-halving-bitcoin-miners-cash-in-amid-rising-prices/">halving</a> event, <a href="https://ultramining.com/en/ratings/foundry/">Foundry</a> Digital LLC has released a pivotal analysis of breakeven points for miners using the latest-generation equipment. With the ever-present volatility of Bitcoin prices, the breakeven analysis conducted on January 31, 2024, presents a crucial forecast for miners' profitability in various energy rate scenarios, according to <a href="https://twitter.com/FoundryServices/status/1752701764674228636">FoundryServices</a>. 
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 <img src="https://lh7-us.googleusercontent.com/oY-iF3wohEUYAf5aD7BsAPoYOISFhi2wiuYVCdznvF45hQWwYUVIvxQ3Iv5V90cwf48ZabOb8cCH8RTVYWEOiuNQlYn43vAoF6j9hiTpyTE0rdcTi1QI66kNj4KzPjSxSFzXLsS8dWHE4FXeDlGczRU" alt="">
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According to the data, should Bitcoin stabilize around the $40,000 benchmark, owners of <a href="https://ultramining.com/en/hardware/antminer-s21-200-ths/">Antminer S21</a> and Antminer XP mining units are projected to maintain profitability. However, the study reveals that miners operating Antminer K Pro and Antminer J Pro units may face a tighter squeeze on returns as <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/">energy costs</a> rise.&nbsp; 
The study, factoring in a transaction fee rate of 5% and a difficulty rate as of January 25, 2024, of 70.34, indicates that even a slight increase in power costs—from $0.05 to $0.07 per kWh—could mean the difference between profit and loss. This sensitivity to power costs is especially significant in the post-halving landscape where mining rewards are slashed by half, putting further pressure on operational efficiencies. 
Foundry Digital's report serves as a stark reminder of the intricacies involved in Bitcoin mining economics. As the halving approaches, the pressure is on for miners to evaluate the viability of their equipment.&nbsp;

Bitcoin Halving Casts New Light on Mining Profitability

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