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Business & Economics

Bitcoin Mining Is No Longer Worth it

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74% Informative

For large mining companies, it now costs over $82,000 to mine a single Bitcoin , which is currently valued at about $95,000 .

For miners in the US , it is estimated the price is closer to $ 137,000 spent to mine for a single BTC.

For most people, nothing of value will be lost by Bitcoin mining ceasing to be profitable.