In the world of cryptocurrency mining, profitability is often very difficult to achieve. Not just because it is so difficult to find anything profitable to mine, but also because of the falling prices. Bitcoin’s recent drop has caused an interesting shift in terms of SHA-256 profitability, although it seems evident these figures will continue to shift around over the coming days and weeks.
There have been numerous discussions as to which value Bitcoin needs to maintain to allow miners to make a profit. Reports indicate this value is anywhere between $600 and $4,000. As such, the current Bitcoin price might make it less profitable to mine for smaller operations, whereas major companies might not necessarily may not necessarily notice this current trend whatsoever.