JPMorgan: bitcoin’s production cost dropped from ~$24K at the start of June to ~$13K now, as miners seek profitability by deploying more efficient mining rigs (Joanna Ossinger/Bloomberg)

Joanna Ossinger / Bloomberg:
JPMorgan: bitcoin’s production cost dropped from ~$24K at the start of June to ~$13K now, as miners seek profitability by deploying more efficient mining rigs  —  Bitcoin’s cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen …