📊⛏ #Coinshares Mining Report:

▪️ $BTC mining network grew by 90% in 2023, raising questions about its environmental sustainability and profitability, especially the efficiency and cost of network energy;

▪️ The average cost of BTC production after halving is expected to be $37,856;

▪️ 53% of BFC mining energy is currently produced from environmentally friendly sources.