CoinShares: The production costs of Bitcoin miners are expected to rise significantly in Q4 2024.

GateNews

2025-04-25 15:05:46

BTC3,92%

Gate.io News bot message: According to the latest research report released by CoinShares, the production costs for Bitcoin miners have shown a significant rise in the fourth quarter of 2024. The data shows that the weighted average cash cost of producing a single Bitcoin for listed miners rose from $55,950 in the third quarter to $82,162, an increase of 47%. During the same period, the average production cost reached $75,767, a month-on-month rise of 35%.

The report indicates that despite rising costs, most mining machines maintain profitability. However, after accounting for non-cash costs such as depreciation and stock-based compensation, the total average cost reaches $137,018.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments