Btcnews on Nostr: The cost of mining 1 bitcoin is experiencing an escalation, which translates into a ...
The cost of mining 1 bitcoin is experiencing an escalation, which translates into a challenge for the mining industry.
According to a Coinshare report, the cost of mining one bitcoin rose from USD 47,200 to USD 49,500 in the third quarter of the year. "Although this only includes cash costs." They add that commissions would have to increase 70% for the cost of producing 1 bitcoin to match the direct investment in BTC.
Published at
2024-11-03 23:14:28Event JSON
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"content": "The cost of mining 1 bitcoin is experiencing an escalation, which translates into a challenge for the mining industry.\n\nAccording to a Coinshare report, the cost of mining one bitcoin rose from USD 47,200 to USD 49,500 in the third quarter of the year. \"Although this only includes cash costs.\" They add that commissions would have to increase 70% for the cost of producing 1 bitcoin to match the direct investment in BTC.\nhttps://image.nostr.build/d83db5d922e697a2bb6151b369edc2082b5b60f87485db6ec916701a4c56e3cd.jpg",
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