Checkonchain's difficulty regression model shows that as of mid-March, the average production cost of Bitcoin is approximately $88,000, while the current BTC market price is around $69,000. This means miners are losing about $19,000 on average for every Bitcoin produced. The report states that geopolitical conflicts in the Middle East have driven up oil prices and increased electricity costs, further squeezing miners' profit margins. Some publicly listed mining companies have started shifting toward AI and high-performance computing businesses to seek more stable revenue sources. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58457