📰 Bitcoin Magazine
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Bitcoin Magazine
JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost
JPMorgan says Bitcoin mining economics have deteriorated as BTC trades about 19% below its estimated $78,000 production cost, forcing public miners into record coin sales and rendering roughly 20% of the industry unprofitable.
This post JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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⚠️ This analysis is AI-generated and for informational purposes only. Not financial advice.