The average production cost was sitting at $88,000 per bitcoin in mid-March, according to Checkonchain's difficulty regression model. The average production cost was sitting at $88,000 per bitcoin in mid-March, according to Checkonchain's difficulty regression model. Bitcoin miners are operating at steep losses, with average production costs around $88,000 per coin versus a market price near $69,200, as rising energy prices and war-related disruptions squeeze margins. Geopolitical tensions…
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