Study: the cost of mining BTC is $ 7,100

Index
    Майнинг BTC
    Mining BTC

    Ceteris Paribus did not believe in the report of mining company Hut 8 and the declared cost of Bitcoin mining at $ 4,363 According to their information, a number of indicators were not taken into account.

    https://twitter.com/Hut8Mining/status/1192570012936085504

    Canadian mining company Hut 8 published a report indicating the cost of mining bitcoin at $ 4,363 and announced revenue of $ 14.7 million for the III quarter of 2019.

    Analysts from Ceteris Paribus studied this report and concluded that the company did not take into account a number of important parameters, including depreciation expenses for worn-out equipment. Due to the fact that the service life of the ASIC miner is about 2 years, the cost of updating the equipment and paying for the work on its replacement should be included in the cost. Based on these costs, the current production price of 1 BTC is approximately $ 7,100.

    Related News

    Leave a Reply

    Your email address will not be published.

    Go up

    We use cookies to understand how you use our website and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies.