CryptoQuant Analyst: Current Bitcoin Mining Cost is $36,800 per Coin

2025-05-13 14:17

ChainThink reports: CryptoQuant analyst Axel Adler Jr. posted that the average cost for miners to mine one Bitcoin is currently 36,800 USD, and the price difference between the current market price and mining cost has reached 182%, which is comparable to the profit level at the beginning of the bull cycle in November 2022. The analyst stated that if the Bitcoin price continues to rise, miners will be able to fully recover from the last halving and reach an excess profit level comparable to the start of the bull market in January 2023. The analysis also pointed out that the price peak in this cycle may exceed 100,000 USD.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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