Miners are working in non-loss state for the first time since August 2022!
The average cost to mine 1 Bitcoin is now $37,300 ($27,500 from this price is the cost of electricity). In April 2024, after Halving, the cost to mine a single Bitcoin will be doubled.
After the recent two Halvings the cost for needed amount electricity pumped for +65% and +50%. Currently we can expect it to rise up to $41,000 for 1 Bitcoin. #BTC #etf