Bitcoin miners keep working in loss for 11 months straight!
The average
Bitcoin Production cost right now is $37,300 and $22,500 of which are expenses on
electricity.
Historically, Bitcoin touched the
low border of the channel
(electricity cost) only a few times and
bounced from there.
What is more, this is one of the
longest periods in which the miners have been working at a loss. Will they
get a chance to work in profit this year..?