Bitcoin (BTC) $62,701.15 0.48%
Ethereum (ETH) $1,763.77 0.56%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 80.414711 -3.35%
Cardano (ADA) $0.19 6.52%
Chainlink (LINK) $7.87 -0.62%
Litecoin (LTC) $44.16 -0.60%
Dash (DASH) $35.17 -0.67%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.240127 -2.36%
X-Cash (XCASH) 1.0E-6 0.00%
Dogecoin (DOGE) $0.00 1.88%

Cryptocurrencies: 29370

Markets: 112909

Market Cap: $2,168,578,937,390

24h Vol: $52,275,033,274

Bitcoinist

2023-01-13 13:35:38

Bitcoin Price Now Retesting Cost Of Production, Will Miners Finally Find Relief?

Bitcoin Price Now Retesting Cost Of Production, Will Miners Finally Find Relief?

On-chain data shows Bitcoin is now retesting the cost of production price for miners, suggesting that this cohort may soon finally find some relief. Bitcoin Miners Might Find Relief After A Period Of Immense Pressure According to data from the on-chain analytics firm Glassnode, the average cost of production for miners is now around the

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