⁉️ The average cost to create 1 $BTC of current miners is how much

🟢 According to Cryptorank, the average cost to mine one bitcoin has risen to 74,600 USD, while the total cost including equipment depreciation and employee wages has reached 137,800 USD.

🟢 As the hashrate increases, the level of competition rises sharply and mining profits drop significantly. This is driving many mining companies to shift part of their capacity to AI/HPC tasks, where profit margins are considerably higher than traditional mining $BTC .

🟢 As a result, the industry is splitting into two distinct models:

1. Miners converting mining data centers to serve computational tasks like AI for higher profit margins than mining $BTC

2. Miners continuing to operate in a fiercely competitive environment with profit margins nearly zero

🟢 This season, miners are crying just like investors, aren't they? 🥲