CryptoQuant CEO: The average cost of Bitcoin mining for American companies is about $43,000

CryptoQuant CEO Ki Young Ju stated on platform X that the average Bitcoin mining cost for American mining companies is about $43,000. Marathon Digital's Q2 2024 report showed that the average cost of mining each Bitcoin was $42,969. This data can be calculated through its operational hash rate, daily cost per Petahash and the average number of Bitcoins mined daily. During the reporting period, Marathon Digital produced 2,058 Bitcoins, averaging 22.9 Bitcoins mined per day.