⛏️ Mining #البيتكوين through one of the most open steps in your history. #BTC was recently received at a retail price from BitHash for computational power, at $35 per PH/s. 📊



The problem is that the average output of major public miners revolves around $44 per PH/s. Currently, many operators are working in warehouses without a breakeven point, with an operating profit margin of ⚖️

The company’s customer charts show a specifically designed reality. While some groups operate at a total equivalent of $31 to $35 per PH/s, others report $50 or even up to $70 👀

In a low-cost environment, inefficient miners become vulnerable, increasing the risk of hardware liquidation, consolidation of setups, and selling part of the #Bitcoin inventory to cover expenses 📉

Another challenge is the pace of hardware returns. Between 3 to 6 months of visits in 2017, it is estimated that thousands of years outperformed the supply of new machines, considering energy prices, capital expenditures, and the actual level of monetization difficulty ⚠️📈

Mining is a strong test of resilience in terms of operational efficiency, access to affordable energy, and financial management, which is as important as relying on recovering the price of #Bitcoin

#CPIWatch
$BTC
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