Elcapone🐲 (elcapone)
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⚒️ The average cost of mining 1 BTC increased to $74,600 - after halving, the figure at the moment reached $94,320, which led to the shutdown of some equipment and a short-term decrease in hashrate. It can be assumed that at the moment, mainly large companies that have a significant financial cushion or access to a “cheap outlet” remain profitable.
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🇺🇸 The Governor of Oklahoma signed a law that exempts Bitcoin miners from sales tax on their electricity bills - the new bill should make electricity rates in Oklahoma one of the most affordable in the United States. We previously reported that the average cost of mining 1 BTC in the world increased to $74,600 - at the moment, mainly large companies that have a significant financial cushion or access to a “cheap outlet” remain profitable.
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🪙 Analysts believe that Bitcoin is now in the longest period of consolidation (92 days) - as soon as the price leaves this range, the first cryptocurrency can expect growth. In previous cycles, there were shorter periods of consolidation that still resulted in new all-time highs.
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