The average cost of Bitcoin mining for American mining companies is approximately $43,000
CryptoQuant founder and CEO Ki Young Ju stated that the current average mining cost of Bitcoin for U.S. miners is about $43,000. Marathon Digital's Q2 2024 report shows that the company's average mining cost per Bitcoin is $42,969. This can be calculated using their operating hash rate, the cost per terahash per day, and the average number of Bitcoins mined each day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 2,000 ETH transferred from BitKan to an exchange, worth approximately $6.3171 million
American Bitcoin increases holdings by 261 BTC, total now reaches 5,044 BTC
VISA launches stablecoin consulting services to keep up with the crypto wave
Data: CoinShares: Digital asset investment products saw net inflows of $864 million last week
Trending news
MoreCrypto prices
More
