CryptoQuant analyst: The current mining cost of a single BTC is about $36,800, and the miner's profit margin is equivalent to that in November 2022

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MarsBit
05-13
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Mars Finance News, CryptoQuant analyst Adler Jr stated on X platform that the current average mining cost of is approximately $36,800 per coin. The current price gap between market price and mining cost per coin is 182%. This is essentially the average profit margin. This level corresponds to the beginning of the bull market cycle in November 2022 and the peak price of $100,000 in the original cycle. Price increases beyond this level will restore miners' earnings to the level after the last halving and achieve excess profits comparable to the start of the bull market in January 2023.

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