According to TechFlow, on August 6, Ki Young Ju, founder and CEO of CryptoQuant, posted on the X platform that the average mining cost of Bitcoin for US mining companies is currently about $43,000. Marathon Digital showed in its second quarter report for 2024 that the company's average mining cost per Bitcoin is $42,969. The cost is calculated using its operating hash rate, the cost per gigahash per day, and the average amount of Bitcoin mined per day.