#BTC cost of producing 1 BITCOIN: $67,836

#bitcoin is trading at $56,600 and must grow by at least 20% to return to the same level of its production cost.

When it touched $48,888 it moved 28.84% below the orange line

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Discussion

How is this calculated?? Was working on an article where this would be helpful.

What makes up the “mining cost per BTC” line? How do they get that data from around the world? I’m skeptical but open to learning something here

It is calculated by the energy expenditure versus what you get for mining, obviously it depends on the country as well.

Depends on a lot of things