Good news #BTC , support price, currently 66000! Due to the turmoil in the Middle East, electricity costs are rising, and production capacity is being reduced. It will take at least 2-3 years for the Middle East to restore production capacity! As much as 20% of the global Bitcoin mining equipment operates below the break-even point when the hash price drops to 28-30 USD per PH/s. #CoinShares indicates that middle-generation hardware like Antminer S19 XP may face negative cash flow if electricity costs are not lower than 0.05 USD per kilowatt-hour. In the fourth quarter of last year, the average mining cost for listed miners rose to about $BTC 79,995 USD. The report also noted three consecutive difficulty adjustments, with some miners exploring #AI and high-performance computing.

Good news #BTC  , support price, currently 66000!Due to the turmoil in the Middle East, electricity costs are rising, and production capacity is being reduced. It will take at least 2-3 years for the Middle East to restore production capacity!
As much as 20% of the global Bitcoin mining equipment operates below the break-even point when the hash price drops to 28-30 USD per PH/s. #CoinShares   indicates that middle-generation hardware like Antminer S19 XP may face negative cash flow if electricity costs are not lower than 0.05 USD per kilowatt-hour.
In the fourth quarter of last year, the average mining cost for listed miners rose to about $BTC  79,995 USD. The report also noted three consecutive difficulty adjustments, with some miners exploring #AI   and high-performance computing.