Pulling one $BTC out of the ground costs somewhere between $70K and $75K globally. And Bitcoin's current price? It's hovering just 12% to 20% above that breakeven line.
That's not exactly a fat margin. One dip, one hash rate spike, one energy cost increase—and suddenly operations flip from green to red. The mining game has never been this tight.
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.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
DeFi_Dad_Jokes
· 14h ago
The mining cost is so close to the price line, it's really like walking a tightrope.
View OriginalReply0
MetaMaskVictim
· 12-03 21:15
Listen, a 12-20% margin really isn’t much... One sudden market move and you’ll be left with nothing.
View OriginalReply0
CexIsBad
· 12-02 00:01
12% to 20% margin? Wow, this is really playing with fire.
View OriginalReply0
CryingOldWallet
· 12-01 23:45
Damn, the miners are really something now, the profit margin is just this little.
View OriginalReply0
ReverseTrendSister
· 12-01 23:44
70 to 75k cost? Damn, the miners are really dancing on the edge of a knife, this margin is ridiculously low.
Right now? Miners are walking a tightrope.
Pulling one $BTC out of the ground costs somewhere between $70K and $75K globally. And Bitcoin's current price? It's hovering just 12% to 20% above that breakeven line.
That's not exactly a fat margin. One dip, one hash rate spike, one energy cost increase—and suddenly operations flip from green to red. The mining game has never been this tight.