[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  CryptoPulse [@CryptoPulse_CRU](/creator/twitter/CryptoPulse_CRU) on x 26.9K followers Created: 2025-07-01 19:30:43 UTC ⚡ #Bitcoin Production Costs Near All-Time Highs 💭 Have you ever wondered what it costs to produce X Bitcoin? As of June 29, the average cost to mine X Bitcoin is $90,425, while the spot price sits at $XXXXXXX. This means miners are operating with a slim margin, as the production cost now accounts for ~83% of Bitcoin’s market price—one of the tightest spreads in years. Historically, production costs have acted as a strong price floor. If costs continue to rise, it could impact miner profitability and supply dynamics in different ways: 🔻 Short-Term: If Bitcoin’s price falls below the cost of production, miners often need to sell their #BTC reserves to cover expenses, adding extra selling pressure to the market. 🔼 Long-Term: If unprofitability persists, less efficient miners may shut down their operations. This reduces network #hashrate and the supply of newly mined coins, which can eventually help stabilize or push the price back up. 💡 Do you think rising mining costs will drive Bitcoin even higher over time? #CryptoMining #OnChainData #CryptoPulse #CryptosRUs #Cryptocurrency #Crypto #BitcoinMining  XXXXX engagements  **Related Topics** [futures trading](/topic/futures-trading) [alltime](/topic/alltime) [#bitcoin](/topic/#bitcoin) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/CryptoPulse_CRU/status/1940130968704049297)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
CryptoPulse @CryptoPulse_CRU on x 26.9K followers
Created: 2025-07-01 19:30:43 UTC
⚡ #Bitcoin Production Costs Near All-Time Highs
💭 Have you ever wondered what it costs to produce X Bitcoin?
As of June 29, the average cost to mine X Bitcoin is $90,425, while the spot price sits at $XXXXXXX.
This means miners are operating with a slim margin, as the production cost now accounts for ~83% of Bitcoin’s market price—one of the tightest spreads in years.
Historically, production costs have acted as a strong price floor. If costs continue to rise, it could impact miner profitability and supply dynamics in different ways:
🔻 Short-Term: If Bitcoin’s price falls below the cost of production, miners often need to sell their #BTC reserves to cover expenses, adding extra selling pressure to the market.
🔼 Long-Term: If unprofitability persists, less efficient miners may shut down their operations. This reduces network #hashrate and the supply of newly mined coins, which can eventually help stabilize or push the price back up.
💡 Do you think rising mining costs will drive Bitcoin even higher over time?
#CryptoMining #OnChainData #CryptoPulse #CryptosRUs #Cryptocurrency #Crypto #BitcoinMining
XXXXX engagements
Related Topics futures trading alltime #bitcoin bitcoin coins layer 1 coins bitcoin ecosystem coins pow