The payback cost of BTC mining after halving is about $45,000. Analysts at #JPMorgan Chase came to these calculation results.

Analysts revised their previous forecast - if earlier they said that the cost of production after the block reward was halved would reach $42,000, now we are talking about an amount of $3,000 more:

“We previously expected a significant drop in hashrate after the halving as unprofitable miners left the Bitcoin network. There appears to be some delay in this happening. At the current hashrate and energy consumption, our estimate of the cost of Bitcoin mining is about $45,000, which is much lower than current prices."

JPMorgan noted that temporary interest in the Runes protocol allowed miners to earn normally immediately after the Bitcoin halving, so the hashrate did not immediately decrease. But this was a temporary phenomenon. They also believe that in the medium term the payback rate will drop to $42,000.

At the same time, financial group analysts are inclined to see limited growth potential for the price of #BTC in the near future. And barks low demand for crypto funds in Hong Kong, launched at the end of April 2024$BTC #BTC