Bitcoin Production Costs Clash with Market Prices
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A recent evaluation by JPMorgan details a concerning trend for Bitcoin miners: for over five months, Bitcoin has consistently traded below its production costs. The estimated cost to mine a single Bitcoin stands at approximately $78,000, while its market value is hovering around $62,500.
Continue Reading:Bitcoin Production Costs Clash with Market Prices
1h ago•
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
bullish:
0
bearish:
0
bullish:
0
bearish:
0
bullish:
0
bearish:
0
bullish:
0
bearish:
0