Bitcoin Mining Costs Surge to New Highs in Late 2024, Says CoinShares
Bitcoin The cost of mining one Bitcoin (BTC) soared in the fourth quarter of 2024, according to a new industry report from CoinShares. Publicly listed miners faced an average production cost of $82,162 per Bitcoin, marking a sharp 47% increase compared to the previous quarter. CoinShares identified several reasons for the surge, including accelerated hardware … Read more