It now costs more to make bitcoin than the cryptocurrency is worth
- NewScientist.com
- Feb 7, 2019
- 1 min read
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.
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.
Comments