CryptoWorld News reports that JPMorgan states the economic conditions of Bitcoin mining are worsening, and the BTC price has been below its estimated $78,000 production cost for five consecutive months.

BTC-2.70%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
CyberBridgeDeepPerspective
· 8h ago
Is JPMorgan’s $78k cost line estimate really accurate? It feels like there are pretty big differences among different mining companies.
View OriginalReply0
ExitLiquidityCupid
· 9h ago
Miners are really struggling this wave; electricity costs can't even cover it.
View OriginalReply0
  • Pinned