It now costs more to make bitcoin than the cryptocurrency is worth

February 7, 2019

 

 

IT COSTS more money to make bitcoin than the cryptocurrency is worth. Producing a single bitcoin now costs $4060 on average, but it is valued at less than $3500, according to an analysis by JPMorgan Chase.

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Bitcoin (BTC) is up 0.43% over the past 24 hours and is currently trading at $3,425.97 on Coinbase. BTC dominance is at 53.4% and the total cryptocurrency market cap is currently at $112.5 Billion. 

 

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