🚨 Alert: The direct cost of producing #Bitcoin may exceed $70,000 in Q2 2025! ⚠️
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📈 Rising production costs:
It is expected that the cost of producing one Bitcoin will exceed $70,000 in the second quarter of 2025. The reason is the continuous growth in the network's hash rate.
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💡 Reasons for the increase and its impact:
– Increased hash rate: Increases competition among miners, requiring more energy and computational power.
– Pressure on miners: Reduces profit margins for less efficient miners.
– Price support: May indicate a potential support line for Bitcoin's price.
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🌐 Context of the mining market:
The increase reflects the maturity of the network and enhanced security. It highlights the importance of operational efficiency for miners to remain profitable.
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❓ How do you expect the rise in Bitcoin production costs to affect the strategies of mining companies and the supply of Bitcoin in the market? 🤔
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