CoinShares has released a Bitcoin mining report with key highlights:

⚫️The average cost of mining one BTC will rise to $37,856

⚫️Only a small group of miners will remain profitable if Bitcoin's price falls below $40k

⚫️Network efficiency has significantly increased and is expected to continue growing from 34W/T (current) to 10W/T by 2026

⚫️Approximately 53% of mining energy comes from eco-friendly sources

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