Why is the market going up?

Thirteen also told everyone clearly in the article last night. Today, Thirteen will add one more: the shutdown price of miners.

I remember that at the low point of the last bear market, Thirteen had posted on a certain website and a certain website to tell everyone that the current price is already lower than the shutdown price of miners, and it is a good time to enter the market.

The price range at that time was between 15,000 and 2,000. Old fans should know that many friends left messages in the background to mock Thirteen. They believed that Bitcoin would fall to 8,000. Many friends were very confident and kept waiting until now...

In this round, after the halving of Bitcoin, the average shutdown price of miners has reached 60,000U. You can go to the f2 pool website to calculate it yourself.

Including the latest generation of mining machines, the current cost is 48,000U. This part of miners is still a minority, and the computing power of most miners cannot reach this level.

So on average, it should be around 60,000.

Adding the various operating costs of the mine, this cost price should be more realistic.

Therefore, now that Bitcoin has reached this price, even if this position is not the bottom, it is not far from the bottom.

Therefore, those of us who hold spot stocks do not need to panic at all and hold on to our chips.