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Analysis: If Bitcoin production costs reach $112,084, mining companies may face cost challenges
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According to ChainCatcher, MarcoMicro data shows that the current bitcoin production cost has reached $112,084. Historical data also indicates that bitcoin production costs peaked at $115,098.12 on October 9.
Analysts believe that the recent increase in bitcoin production costs means that most bitcoin mining companies will face challenges related to sales and administrative expenses, and will need to reduce costs in order to remain profitable.
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