Bitcoin Mining Costs in Q2 Expected to Exceed $70,000, Up Approximately 9.4% from Q1
According to a report by Jinse Finance, TheMinerMag's latest findings indicate that the cost of Bitcoin mining is expected to exceed $70,000 in the second quarter of 2025, representing an increase of approximately 9.4% from $64,000 in the first quarter. This rise in costs is primarily driven by an increase in network hash rate and higher energy prices, with energy expenses for mining companies such as Terawulf having doubled compared to the same period last year.
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