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Bitcoin Production Cost Has Dropped to About $13K, JPMorgan Says

Declining production costs could be seen as a negative for bitcoin prices, the Wall Street bank said in a report.

Updated May 11, 2023, 5:42 p.m. Published Jul 14, 2022, 3:03 p.m.
Bitcoin mining machines (Michal Bednarek/Shutterstock)
Bitcoin mining machines (Michal Bednarek/Shutterstock)