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Metals

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AlgotraderXpert
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Bullish
Do Rising Metal Prices Boost Bitcoin? Inside a 13.5 kg ASIC miner: Silicon: ~5 kg, $100–$150 ($20–$30/kg) Copper: ~2 kg, $16–$20 ($8–$10/kg) Aluminum: ~3 kg, $6.60–$7.80 ($2.20–$2.60/kg) Gold: ~0.0001 kg, $8.50–$9 ($85,000–$90,000/kg) Tantalum: ~0.01 kg, $1.50–$2 ($150–$200/kg) Total Metal Value: $132–$189 (1% of $13,700 miner). If metal prices soar, miner costs rises. #BTC #Crypto #BitcoinMining #Metals $BTC
Do Rising Metal Prices Boost Bitcoin?
Inside a 13.5 kg ASIC miner:

Silicon: ~5 kg, $100–$150 ($20–$30/kg)
Copper: ~2 kg, $16–$20 ($8–$10/kg)
Aluminum: ~3 kg, $6.60–$7.80 ($2.20–$2.60/kg)
Gold: ~0.0001 kg, $8.50–$9 ($85,000–$90,000/kg)
Tantalum: ~0.01 kg, $1.50–$2 ($150–$200/kg)

Total Metal Value: $132–$189 (1% of $13,700 miner).
If metal prices soar, miner costs rises.
#BTC #Crypto #BitcoinMining #Metals
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