It now costs (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to Bitcoin mining data resource Hashrate Index and Luxor.
Unsurprisingly, soaring electricity rates across the U.S. states have contributed to rising Bitcoin mining costs.
President Joe Biden is running for re-election, and his potential second term could significantly impact various sectors, including energy. Understanding...