New model proves miners need Bitcoin above $74k to break even on power – but other costs push it over 6 figures

Riot case study shows US Bitcoin miners can clear power costs long before they clear full profit Bitcoin mining costs are often reduced to a single number: the “cost to mine one BTC.” In reality, that figure depends on what layer of the business you measure. Electricity determines whether machines should run today, operating expenses The post New model proves miners need Bitcoin above $74k to break even on power – but other costs push it over 6 figures appeared first on CryptoSlate.