Public Bitcoin Miners' Production Costs Hit New Heights as Network Hashrate Surges

GateNewsBot
BTC-0,98%

Gate News bot message, The cost metrics for Bitcoin mining operations have reached notable levels, with public mining companies now spending $74,600 in cash costs to produce a single bitcoin. The comprehensive expenses, which factor in depreciation and SBC (Share-Based Compensation), total $137,800 per bitcoin.

The rising costs coincide with Bitcoin’s network hashrate crossing the 1 ZH/s threshold, marking an increase in mining competition within the sector.

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