$BTC Mining cost exceeds $90,000
Before the halving, the average cost of mining one Bitcoin was $52,540.
After the output was halved, the mining power remained unchanged, but the miners' income was halved.
The cost soared to $93,496.
The current market price of Bitcoin is around $65,000.
It is expected that the Bitcoin computing power will decline by a certain percentage this week,
because miners with low production capacity will not be able to make ends meet, so they will give up mining.
With the decline in computing power and the reduction in mining difficulty,
miners, institutions, and Bitcoin prices
will reach a new balance in the next few weeks.
I believe you are ready for this.
In addition, some are selling mining machines. It is understandable for them to come and criticize, and I accept it.
Some retail investors also come to criticize? Now the electricity bill is more than 50,000 US dollars, and the time cycle has doubled. Aren't the mining machines, mining farms, and operation and maintenance you bought all costs? What is the life of your mining machine?
What a bunch of noobs, they deserve to be chopped off, they don't know much and don't study, just block me now, get out of here as far as you can
