What is the miner's expected Bitcoin price?

Bitcoin is standing still and refusing to increase, many people are holding to die thinking that they will hold it for at least a few years, but after only a few months, they feel like they are about to die. Many people also assess the possibility that Bitcoin will drop to the 4x range again, creating an opportunity to catch the dip.

Taking advantage of this period of continuous increase in Bitcoin Diff, new technology mining machines are continuously offered for sale, so I will update a bit about the "electricity" cost to create 1 Bitcoin.

According to the table below, there are many different types of machines, currently the popular mining farm is around 20J, but the 26J group or even close to 30J machines are still running a lot because the electricity price is cheap in the rainy season.

With each type of machine, we will have a different capital cost to create 1 Bitcoin, and in the rainy season (electricity price $0.03) is also cheaper than in the dry season (electricity price $0.05).

The mining market size is estimated to be around $12B, and for electricity farms, the consumption of a mining cycle will be around 716 billion electricity units.

According to the table below, the actual cost to create 1 Bitcoin miner, they will think it is $47k, or $53k, ... but according to many years of experience with mining machines, the majority must be at least $64k.

The cheapest rainy season will be around $43k (this season), and the cheapest dry season will be $56k (also the next dry season), and on average, Miners must sell Bitcoin for over $75k during this mining season to feel a little profitable, below that level is not profitable.

Source: Anh Sheng