💰 The mining cost per Bitcoin block is $84.532K/mined block.
🔻 Bitcoin usually doesn't stay below the mining cost for long, as miners, key to block confirmation, are at a loss. 🚨
⚠️ This could create upward pressure on the price so that miners do not continue to incur losses.
🤔 What do you think, do you believe the price of Bitcoin will rise to cover the mining cost or will it continue to fall? Let me know in the comments. 👇
#Bitcoin #MiningCost #Crypto #Mining #Crypto
🔻 Bitcoin usually doesn't stay below the mining cost for long, as miners, key to block confirmation, are at a loss. 🚨
⚠️ This could create upward pressure on the price so that miners do not continue to incur losses.
🤔 What do you think, do you believe the price of Bitcoin will rise to cover the mining cost or will it continue to fall? Let me know in the comments. 👇
#Bitcoin #MiningCost #Crypto #Mining #Crypto