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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Analyst: The current BTC mining cost is approximately $36,800, and the miner profit margin is comparable to that of November 2022.
ChainCatcher news, CryptoQuant analyst Axel Adler Jr posted on X platform that the current average cost for BTC miners to mine is about $36,800 per coin. The price difference between the current BTC market price and the mining cost per BTC is 182%. This is essentially the average profit margin. This level corresponds to the start of the bull run cycle in November 2022 and the $100,000 price peak of the current cycle. A price rise beyond this level would restore miner profits to the levels seen after the last Halving, achieving excessive profits comparable to those at the start of the bull run in January 2023.