Bitcoin Mining Costs are Expected to Exceed $70,000 in Q2

The latest report from TheMinerMag shows that Bitcoin #mining costs are expected to exceed $70,000 in the second quarter of 2025, up about 9.4% from $64,000 in the first quarter. This cost increase is mainly driven by the increase in network hash rate and rising energy prices, especially the energy costs of mining companies such as #Terawulf have doubled compared with the same period last year.