Bitcoin production cost is soaring right now...

in #bitcoin26 days ago

Miners are feeling the pinch...

We knew this would happen, but this is worse than expected.

The breakeven price for miners is around $77k currently...

image.png

(Source: https://twitter.com/BitcoinNewsCom/status/1782507165636333942/photo/1)

The price either goes up or miners have to shut down...

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