CoinShares: BTC Mining costs have reached $49,500, reaching a new historical high. According to the report released by CoinShares, the cost of BTC Mining has reached a record level in the third quarter, citing Bitcoin.com News. If only cash expenses are calculated, the production cost of each BTC is about $49,500; if additional expenses such as depreciation and stock compensation are included, the average cost is even higher, reaching $961,000. James Butterfill, Chief Researcher, pointed out that despite the high costs, Miners are still expanding their infrastructure and planning further inves
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