The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".
It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.
Bitcoin Rallies Above 100k – Are the Bulls Back in Control?
Express News | Bitcoin Mining Data Center IREN Says It Mined 529 BTC In Dec 2024 Vs. 379 BTC In Nov 2024
XRP and Other Cryptos Are Rising. Bitcoin Price Broke Through $100,000 -- Again
Bitcoin Rises. Why Wall Street Sees New Highs for the Crypto Soon
Race to Launch Next 'Hot' Crypto Fund
XRP Price Rises. This Is the Next Catalyst for the Crypto. -- Barrons.com
Bernstein Analyst's top ten predictions for the cryptocurrency market in 2025.
The net inflow of spot Bitcoin ETF has exceeded 70 billion dollars, the stablecoin market has surpassed 500 billion dollars, and the integration of regulatory tailwinds and AI is the expectation of Bernstein Analysts for 2025.
Canaan Bags Avalon A15XP Miners Order From New US Client, Stock Up In Pre-Market
Canaan Stock Rises 4%, Subsidiary Gets A15XP Order
Canaan Secures A15XP Order From New Customer in the U.S.
Canaan Secures US Deal for 2,800 Avalon A15XP Crypto Miners
Express News | Canaan Inc. Secures a15XP Order From New United States Customer
Is Bitcoin's Next Stop $75.000? Head and Shoulders Pattern Signals Danger Ahead
Will Trump's Inauguration Push Bitcoin Beyond $100K? Traders, Watch Out For...
Express News | BTC rallies above $99,000; ETH surges, gaining 1% in the past 24h. Crypto-related stocks are higher in overnight trading.
Bitcoin Could Top $125,000 or Fall Towards $77,000 This Quarter - Depending on What Trump Does Next
Bitcoin To Hit $1 Million? Arthur Hayes Says 'Another Signpost' Has Appeared Amid US Debt Concerns
Bitcoin, Ethereum Options Worth $2.6 Billion Expire With Correction as a Major Theme This Week
Crypto Lands in Washington as Less-Than-Unified Political Force