BTC Price Approaches Production Cost

Published on: October 25th, 2022

Today, we explore Bitcoin’s production cost and our Research team provides insights into Euler Finance.


  • TS
    TJ S.
    29 October 2022 @ 21:09
    Good high-level info .... as for miner production costs, kind of scary that BTC price is barely covering variable costs (which are probably a little higher than just electricity). In any case, that doesn't leave much to cover fixed costs which could be climbing as funding costs (debt interest rates) move up. Why the continual capacity expansion/ hashrate increases ? Are the miners all thinking that they will be the one that survives for the long-term ?