Breaking down Bitcoin mining's cost of production

On-chainMarch 3, 2022, 1:35PM EST
UPDATED: March 16, 2022, 7:28AM EDT
Breaking down Bitcoin mining's cost of production
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In our previous piece, we conducted a scenario analysis of Bitcoin mining’s production outlook in 2022, given the likelihood that the network’s hashrate could reach 300 EH/s.

We also mapped out the break-even prices for a single unit of the latest generation of Bitcoin miners under different circumstances and showed that the base production cost for mining one bitcoin could be low. 

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