Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow reported on January 21 that Glassnode, a blockchain data analytics platform, showed the Difficulty Ribbon model estimating the cost of mining one bitcoin at $33,900, while the current bitcoin trading price is around $104,000. Despite mining difficulty continuously rising throughout this cycle, the approximately threefold profit margin demonstrates miners' resilience.
On-chain data analysis platform Glassnode data shows that the difficulty reset model estimates the cost of mining one bitcoin at $33,900, while the current bitcoin trading price is around $104,000. Despite mining difficulty continuously rising throughout this cycle, the approximately threefold profit margin demonstrates miners' resilience.
Navigating Web3 tides with focused insights
