Bitcoin mining cost rises to $84,000, above market price
According to MacroMicro, the estimated average cost of mining one bitcoin has reached around $84,000, while the market price is near $67,000.
The metric takes into account network hashrate, mining difficulty, hardware efficiency, and assumptions about electricity costs. If accurate, miners are operating at a significant loss.
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Bitcoin mining cost rises to $84,000, above market price
According to MacroMicro, the estimated average cost of mining one bitcoin has reached around $84,000, while the market price is near $67,000.
The metric takes into account network hashrate, mining difficulty, hardware efficiency, and assumptions about electricity costs. If accurate, miners are operating at a significant loss.