Data: Bitcoin Mining Costs $33,900, Current Market Price Premium Nearly 3X
According to Glassnode, an on-chain data analytics platform, the difficulty regression model estimates that it costs $33,900 to mine one bitcoin, while the current bitcoin trading price is around $104,000.
While the difficulty of mining has continued to rise in this cycle, the approximately 3x profit margin demonstrates the resilience of miners.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
British Pound hits session highs at 1.3420 amid broadbased US Dollar weakness
Cybertruck orders far exceed pre-production capacity, Tesla (TSLA.US) to refund deposits to a large number of customers
Elon Musk stated that Tesla will refund the Cybertruck deposits to a significant number of customers.
Barrick Gold (B.US) Q3 Results Mixed: Benefiting from Gold Price Dividend While Facing Cost Pressures
Barrick Mining (B.US) will release its financial results for the third quarter of 2026 before the U.S. stock market opens on November 9.
Crypto prices
More
