Bitcoin Mining Expected to Stay Profitable with Stable Economics
- Bitcoin mining costs are estimated between $26,000 and $28,000 per bitcoin for leading players.
- The price of Bitcoin was approximately $105,000 at the time of reporting.
- Core Scientific signed a 12-year contract with CoreWeave for AI data center hosting in June last year.
- Larger miners are upgrading fleets post-reward halving to boost network hashrate share.
Bitcoin mining remains profitable as production costs stay stable between $26,000 and $28,000 per bitcoin. The cryptocurrency’s trading value was noted at around $105,000.
Source (2.6)https://www.coindesk.com/markets/2025/01/22/bitcoin-mining-economics-expected-to-be-stable-profitable-in-2025-canaccord-says?rand=52298
