Quote from: eternalgloom on August 31, 2018, 09:13:12 AM

I've recently read another article stating that mining is only profitable when Bitcoin is trading above $6500 (not 100% sure about this number)
I wish I could find the article in question, but it was a couple of weeks ago I think.

I've found similar articles, but all from longer ago stating different profitability thresholds.

https://www.cnbc.com/2018/04/19/bitcoin-miners-are-losing-money-at-any-price-below-8600-morgan-stanley.html

I think it depends on the price of the electricity. The Canadian company must have very low price.