over 15% on average as supply exceeded the market demand. Moreover, the recent influx in GPUs has forced sellers on the secondary markets to bring down their exorbitant prices on used mining rigs.Cointelegraph previously reported that several public Bitcoin miners are well-positioned to survive the prolonged bear market as the low revenue continues to sustain the operational costs of the mining facilities.
Speaking to Cointelegraph, Charlie Schumacher, VP of corporate communications at Marathon Digital, shared insights on their overall operations: “For reference, in Q1 2022, our cost to produce a Bitcoin was approximately $6,200. We also have fixed pricing for power, so we are not subject to changes in the energy markets.”
$farm scam tokne harvest_finance
CPU, GPU, somethingCU
Sekuya Skuy NFT Multiverse sekuyaofficial 🚀
Who mines with a CPU these days anyways 🤷🏻♂️
What? With energy prices rising to record levels?
They don't want you to know this..
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