Bitcoin’s broken production cost floor is splitting miners into survivors and sellers
Bitcoin is trading just above $60,000 right now, and the network's estimated all-in cost to produce a single coin is near $84,300, so the gap between the two is roughly a quarter, leaving mining underwater on a full-cost basis across much of the network. For …
Bitcoin is trading just above $60,000 right now, and the network's estimated all-in cost to produce a single coin is near $84,300, so the gap between the two is roughly a quarter, leaving mining unde… [+7937 chars]