Thursday, November 21, 2024
Home > Means

JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners?

Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. This move is closely tied to the Cambridge Bitcoin Electricity Consumption Index’s (CBECI) decision to update its methodology, highlighting the interconnectedness of

Read More