📰 Yesterday's The Wall Street Journal, with the article “Cr

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📰 Yesterday's The Wall Street Journal, with the article “Cryptocurrency could prevent the US debt crisis” The main thesis is that dollar-backed stablecoins are becoming an important net buyer of American government debt. $BTC

📰 Yesterday's The Wall Street Journal, with the article “Cryptocurrency could prevent the US debt crisis”
The main thesis is that dollar-backed stablecoins are becoming an important net buyer of American government debt.
$BTC 

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According to the latest estimates from the analytical platform MacroMicro, the average cost to mine one bitcoin is around 74600 Currently, the price of bitcoin is below 65000 thousand, making it seem unprofitable on the surface. However, mining costs vary significantly among miners, primarily due to electricity costs and other factors. For the largest mining companies, the cost of mining one bitcoin, even after the recent halving, remains well below its market price. Despite this, many smaller miners are indeed struggling. With bitcoin prices below their mining costs, some are forced to shut down their equipment until prices rise again. This situation is reflected in the statistics, such as the drop in hashrate following the halving. $BTC #BTC☀

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