🚨 Bitcoin's $57K Floor — The Math Behind the Support Bitcoin's electricity cost to mine = $57K-$58K right now. Historically, BTC never stays below this level for long. Only 2017 and COVID 2020 saw brief dips below it. But here's where it gets interesting: This $57K-$58K zone
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🚨 Bitcoin's $57K Floor — The Math Behind the Support Bitcoin's electricity cost to mine = $57K-$58K right now. Historically, BTC never stays below this level for long. Only 2017 and COVID 2020 saw brief dips below it. But here's where it gets interesting: This $57K-$58K zone