From Bitcoin mining data, it can be seen that the bottom is near: Most mining machines are no longer cost-effective, with half of the mining companies operating at a loss.

The mining pool f2pool displays the cost prices of various mining machines. According to the statistics, most mining machines are no longer cost-effective at the current Bitcoin price, except for two models of Antminer machines which can maintain stable profits in the current market, with cost prices at 43292 and 39581. However, f2pool emphasizes that the electricity costs used in these statistics vary by location.

Research institution CoinShares presents the current mining costs based on mining companies' expenses. According to the chart below, nearly half of the mining companies are operating at a loss. The mining companies with the lowest costs, Bitdeer and Cleanspark, have costs around 41K, while the other profitable mining companies have costs ranging from 45K to 51K.