“The weighted average cash cost of production in Q4 was approximately $29,500; post-halving, it is projected to be about $53,000,” the authors wrote. The average electricity cost of production in the fourth quarter was about $16,300 per bitcoin, which is expected to increase to around $34,900 post the halving.
Dogecoin's 11% Drop Leads Losses in Crypto Majors as Bitcoin Sours Festive Mood
December 21, 2024
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