ICYMI: Breaking down Bitcoin mining’s cost of production
Our analysis of 11 mining companies’ income statements shows their realistic costs for mining 1 bitcoin range between $4.2k to $14.2k.
Factoring in other cash-based operating expenses, we get a further cost range between $8.2k to nearly $30k. That suggests energy costs no longer necessarily make up the largest part of a Bitcoin mining business as the industry grows industrialized. Meanwhile, stock-based payments have become a popular method for mining firms to cover parts of their operating expenses.Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How a Buzzy New York City Restaurant Makes More Money By Closing on Saturdays“Running a $10 million a year restaurant sounds like a logistical nightmare. Quality of life is much more important than profit.” — Dame chef/owner Ed Szymanski
Weiterlesen »
Bitcoin Whales Become More Active with Number of Transactions Greater Than $1 Million RisingICYMI: in the last three days, $BTC whales have made more than 13,400 transactions with a value greater than $1 million Bitcoin BTC
Weiterlesen »
Cointelegraph MarketsNever miss a market move! Join Cointelegraph Markets on Telegram for the latest news from the world of crypto.
Weiterlesen »
Bitcoin About to Break Positive Difficulty Adjustment Streak as Price Rally StallsBitcoin's mining difficulty is on track to record its first negative difficulty adjustment since November as hashrate growth hits the pause button
Weiterlesen »
Mining exec explains how Bitcoin is converging with the oil and gas industryThe Block's Frank Chaparro chats with Justin Ballard, CEO & co-founder at Jai Energy about crypto's convergence with the oil and gas industry.
Weiterlesen »
Barry Choi: With travel restrictions loosening, here's how to avoid soaring ticket pricesThere are simple strategies to keep costs down, even at a time of rising prices
Weiterlesen »