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