Marathon’s Filing Reveals Bitcoin Mining Cost at $70,027 per Coin

CryptoQuant CEO Ki Young Ju noted that Marathon Digital Holdings’ recent disclosure shows the current production cost per Bitcoin has surged to over $70,000.

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Terms & Concepts
  • Bitcoin mining: The process of validating transactions and adding them to the blockchain by solving complex mathematical problems, earning new Bitcoin as a reward.
  • CryptoQuant: A blockchain analytics company providing on-chain data insights and market intelligence to investors and institutions.
  • Marathon Digital Holdings (MARA): A U.S.-based company specializing in Bitcoin mining and digital asset operations.