The issue of electricity costs for Bitcoin has always been a key variable in mining economics. According to the latest data, the electricity cost per BTC is approximately $71,000. What does this mean? The current BTC price must stay above this cost threshold to ensure profitability for miners. Electricity costs account for the majority of total mining expenses, directly affecting the distribution of total network hash rate and the survival space for small-scale mining farms. In the context of rising energy costs, only miners with access to cheap electricity sources can remain active in the long term.

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