@bobo-r
As of late 2025, Bitcoin hashprice hovers ~$35–$38/PH/s/day, while median costs near $44/PH/s/day, pushing many miners to loss-making. Sustained ROI typically requires <$0.05–$0.06/kWh; sub-$0.04/kWh locks stable margins for institutional players. High energy regions (e.g., EU) face payback >1,200 days, making small-scale mining unviable.