BTC logo
BTC
$108,001.43
3.18%
ETH logo
ETH
$3,897.84
2.76%
USDT logo
USDT
$1.0005
0.00%
BNB logo
BNB
$1,143.58
2.16%
XRP logo
XRP
$2.3484
3.58%
SOL logo
SOL
$187.78
5.79%
USDC logo
USDC
$0.9999
0.01%
TRX logo
TRX
$0.3187
1.14%
DOGE logo
DOGE
$0.1900
3.66%
ADA logo
ADA
$0.6501
4.60%
HYPE logo
HYPE
$37.29
6.04%
LINK logo
LINK
$17.60
4.38%
USDE logo
USDE
$0.9994
0.03%
BCH logo
BCH
$509.91
2.84%
XLM logo
XLM
$0.3149
4.20%
SUI logo
SUI
$2.5914
5.89%
AVAX logo
AVAX
$21.03
5.05%
WBT logo
WBT
$41.12
1.34%
LEO logo
LEO
$9.5899
0.02%
HBAR logo
HBAR
$0.1734
5.58%
BTC logo
BTC
$108,001.43
3.18%
ETH logo
ETH
$3,897.84
2.76%
USDT logo
USDT
$1.0005
0.00%
BNB logo
BNB
$1,143.58
2.16%
XRP logo
XRP
$2.3484
3.58%
SOL logo
SOL
$187.78
5.79%
USDC logo
USDC
$0.9999
0.01%
TRX logo
TRX
$0.3187
1.14%
DOGE logo
DOGE
$0.1900
3.66%
ADA logo
ADA
$0.6501
4.60%
HYPE logo
HYPE
$37.29
6.04%
LINK logo
LINK
$17.60
4.38%
USDE logo
USDE
$0.9994
0.03%
BCH logo
BCH
$509.91
2.84%
XLM logo
XLM
$0.3149
4.20%
SUI logo
SUI
$2.5914
5.89%
AVAX logo
AVAX
$21.03
5.05%
WBT logo
WBT
$41.12
1.34%
LEO logo
LEO
$9.5899
0.02%
HBAR logo
HBAR
$0.1734
5.58%
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Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan

The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.

By Will Canny|Edited by Aoyon Ashraf
Updated May 16, 2024, 3:11 p.m. Published May 16, 2024, 3:05 p.m.
Bitcoin Mining Cost Estimate Drops to $45K as Inefficient Miners Exit: JPMorgan. (Shutterstock)
Bitcoin Mining Cost Estimate Drops to $45K as Inefficient Miners Exit: JPMorgan. (Shutterstock)