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JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost

JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost

Home/News/JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost

Bitcoin Magazine JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost JPMorgan says Bitcoin mining economics have deteriorated as BTC trades about 19% below its estimated $78,000 production cost, forcing public miners into record coin sales and rendering roughly 20% of

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