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ETH $1,784.67 +0.18%
BNB $568.89 -0.08%
XRP $1.06 -0.97%
SOL $74.95 -1.72%
TRX $0.3246 -1.57%
DOGE $0.0719 -0.32%
ADA $0.1581 -0.96%
BCH $236.07 -0.85%
LINK $7.91 -0.85%
HYPE $63.65 -1.98%
AAVE $95.89 -0.13%
SUI $0.7294 -0.51%
XLM $0.1782 -2.83%
ZEC $505.39 -1.64%

CryptoQuant Founder: The average Bitcoin mining cost for U.S. mining companies is currently about $43,000

2024-08-06 23:58:23
Collection

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on social media that the average Bitcoin mining cost for U.S. mining companies is currently about $43,000.

Marathon Digital's Q2 2024 report shows that the company's average mining cost per Bitcoin is $42,969. This can be calculated using their operational hash rate, the cost per terahash per day, and the average number of Bitcoins mined per day.

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