Odaily Planet Daily News: CryptoQuant analyst Axel Adler Jr. posted on platform X that the current average cost of mining BTC is approximately $36,800 per coin. The price difference between the current BTC market price and the cost of mining a single BTC is 182%. This is essentially the average profit margin. This level corresponds to the beginning of the bull market cycle in November 2022 and the original cycle's peak price of $100,000. A price increase beyond this level will restore miner profits to the level seen after the last halving, reaching excess profits comparable to those at the beginning of the bull market in January 2023.