Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even

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Shiraz Jagati

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Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]

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