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JPMorgan: Bitcoin Mining Costs Have 'Worsened' As BTC Trades Below Production Cost
JPMorgan says Bitcoin mining economics have deteriorated as BTC trades about 19% below its estimated $78,000 production cost, forcing public miners into record coin sales and rendering roughly 20% of the industry unprofitable.
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theblock.co
JPMorgan says bitcoin mining economics have 'worsened' as BTC trades below production cost
JPMorgan's current estimated production cost of bitcoin is about $78,000, while bitcoin is currently trading around $62,500.
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cryptobriefing.com
Bitcoin miners face pressure as 20% become unprofitable, JPMorgan says
JPMorgan says 20% of Bitcoin miners are unprofitable as BTC trades below its $78K production cost. Public miners sold over 32,000 BTC in Q1 2026.
