🐘 At the 19th of April (before the halving), the average co

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🐘 At the 19th of April (before the halving), the average cost to of Bitcoin Production was $64,000. An electricity part of this sum was $38,600. As we all know, the Average Bitcoin Production (ABP) cost gradually increases after the Halving. After the recent two Halvings, a part of electricity in ABP increased by +65% in 2016 - 2018 and by +50% in 2020 - 2022. By doing simple maths, we can expect an increase of electricity part on ABP to $58,000. Want to remind you that historically, Bitcoin has only touched the electricity cost lines only a few times for a short period of times. #bitcoin #Binance #HalvingHorizons

🐘 At the 19th of April (before the halving), the average cost to of Bitcoin Production was $64,000. An electricity part of this sum was $38,600.
As we all know, the Average Bitcoin Production (ABP) cost gradually increases after the Halving. 
After the recent two Halvings, a part of electricity in ABP increased by +65% in 2016 - 2018 and by +50% in 2020 - 2022. By doing simple maths, we can expect an increase of electricity part on ABP to $58,000. 
Want to remind you that historically, Bitcoin has only touched the electricity cost lines only a few times for a short period of times.
#bitcoin  #Binance  #HalvingHorizons  