I think everyone should have seen similar pictures
To put it simply, we are discussing the shutdown price.
This table is well organized
But note that it assumes that the electricity bill is 0.08usd/kwh
There should be quite a few small and medium-sized mines that can cost less than this price.
Russia's current information should be able to push it below 0.058
Therefore, the mine can still use older models to maintain profitability.
This wave of downward consolidation after halving
It will last longer and harder than the last few times.
Because this wave of mining companies at the listed company level has joined
Large mines, advantageous mines
The longer the control lasts, the more pressure it can put on small and medium-sized mining farms.