Is Bitcoin expensive now? No, not expensive at all

Bitcoin’s mining dfficulty has more than doubled in the past year

The cost of Bitcoin for miners is almost 40,000. The latest model 300TH mining machine sells for 11,000 US dollars and can only produce 20 US dollars a day.

To give you an example, Apple costs 10 yuan to deliver. Now the market only sells it for 10.5 yuan. Do you still imagine that it can drop to 7 yuan and 6 yuan?

In a few months, Apple's shipments will drop by half. How much will Apple sell for?

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