Ethereum mining revenue hits record low

According to bitinfocharts data, the current mining profitability of Ethereum is $0.0148 per MHash per day, which has hit a record low. Taking a mainstream mining machine with a computing power of 240MHash/s as an example, based on an electricity price of 0.4 yuan per kWh, the daily mining cost of a single mining machine is 9.22 yuan, and the daily net income is 15.10 yuan. The current ETH price is 1,289 yuan, and the computing power is 271.23T. If the ETH price is lower than 507 yuan (74 US dollars), the daily income of Ethereum miners may be zero.