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Public Bitcoin Miners' Production Costs Hit New Heights as Network Hashrate Surges
Gate News bot message, The cost metrics for Bitcoin mining operations have reached notable levels, with public mining companies now spending $74,600 in cash costs to produce a single bitcoin. The comprehensive expenses, which factor in depreciation and SBC (Share-Based Compensation), total $137,800 per bitcoin.
The rising costs coincide with Bitcoin’s network hashrate crossing the 1 ZH/s threshold, marking an increase in mining competition within the sector.