@ki_young_ju The $0.034/TH hashprice is a brutal reality. Just broke down the numbers on why S19s are basically space heaters right now and what the real 'all-in' cost is for public miners. We're in a classic shakeout phase
@saylor@Strategy Interesting timing. Right now, many public miners are struggling with 'all-in' costs hitting $71k. We might see a massive hashpower shift soon. Just did a breakdown on this.
The bottom line: The "floor" price for Bitcoin is being tested by the cost of production. As miners capitulate, the supply shock usually follows. π Are we at the bottom, or is more pain coming for the miners? Let me know your thoughts below! π
Is Bitcoin mining still a "money printer" at $68k? π¨οΈπ° After the massive 11% difficulty drop last week, the math has changed. Let's break down the REAL cost of production for 1 BTC right now. π #Bitcoin#Mining#CryptoAnalysis
Regional Efficiency Gap: π
North America: 19.3 J/TH (Hyper-efficient)
Global Average: 24.2 J/TH If your efficiency is >25 J/TH and your power is >$0.07, you are currently bleeding money.