According to ChainCatcher, CoinShares' latest updated Bitcoin mining report shows that the average production cost per Bitcoin for listed mining companies is now approximately US$53,000.
Miners are increasingly turning to AI at their energy-secure sites, with companies like HAS and Hut 8 reporting 3.6% and 2.9% of their revenue coming from AI, respectively, and other companies also developing AI projects. In these energy-secure areas, people are increasingly preferring AI over Bitcoin mining.
Its model predicts that the hash rate will rise to 700 Exahash by 2025 and the hash price will halve to $53/ph per day after 2024.