Bitcoin’s Rebound Is Not Enough For Major Mining Firms Yet

The rise in bitcoin does not solve the economic equation of mining. At Riot Platforms, the increase in prices covers the electricity bill, without absorbing all charges or depreciation. This gap brings the debate back to a more demanding question: from what price does a mining company actually become profitable again? The analysis distinguishes three thresholds, from energy cost to accounting result. L’article Bitcoin’s Rebound Is Not Enough For Major Mining Firms Yet est apparu en premier sur Cointribune.