“The weighted average cash cost of production in Q4 was approximately $29,500; post-halving, it is projected to be about $53,000,” the authors wrote. The average electricity cost of production in the fourth quarter was about $16,300 per bitcoin, which is expected to increase to around $34,900 post the halving.
Related posts
-
Bitcoin Price Struggles With Liquidity Blocks From $86,000 To $104,000, Analyst Reveals The Logical Thing To Do
Este artículo también está disponible en español. The Bitcoin price has spent the majority of the... -
Bitcoin Loses $93K as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report
Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their... -
JPMorgan’s Jamie Dimon claims he is not against crypto, but likens Bitcoin to smoking
JPMorgan CEO Jamie Dimon compared Bitcoin to smoking in a recent interview, stating he does not...