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Payam🎩 🔮 🔵 pfp
Payam🎩 🔮 🔵
@2000
If BTC electricity cost is $77.4k to mine 1 Bitcoin and the price is of Bitcoin is $66k it shows that most miners are in huge loss of over $11k mining 1 $BTC Are we to expect miners selling off some of their mined BTC to be able to continue mining BTC at a loss?
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Siatoshi
@siatoshi
That data seems to be wrong. BTC Cost for miners is around $53,000 (source: CoinShare)
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