Cryp2Nova

Mining Revenuevscost Revenuevscost

Bitcoin

This compares miner revenue to the estimated cost of producing (mining) Bitcoin.

Why it matters

It gauges miner profit margins and stress.

How it is built

Miner revenue is plotted against estimated production expense (energy and hardware).

What to watch

Revenue near or below production cost marks miner stress that has coincided with cycle bottoms.

Related metrics

Mining Revenuevscost Revenuevscost — Bitcoin · Cryp2Nova