Is the lowest shutdown price range for BTC still $46,354? Are you panicking? Bitcoin has now dropped below $60,000, already reaching the middle-lower part of the entire network's mining shutdown threshold. The most powerful machines can still hold on for a while (it really hurts at $46,000), but most ordinary mining rigs can no longer withstand the electricity costs and are losing money. As a result, hash rate is plummeting, and difficulty will need to be adjusted downward significantly.