Avg Cost to Mine 1 BTC jumps to $89.6K (Patreon)

As the hash rate explodes so too does the cost to mine bitcoin. Just a week ago it was $80,000.

Miners are back under pressure.

It's important to note that this figure represents a global average, and many miners continue to operate older rigs. However, those using newer, more efficient ASICs, like those employed by CLSK, enjoy significantly lower mining costs.

This is one of my key custom ratios:

Higher is better - PS I am not buying miners here. Only plan is to offload.