The "electricity cost" of Bitcoin has now dropped to $53,500.
Just one month ago, this figure was $60,000, while in Q4 2025, it reached $71,000.
Historically, every time Bitcoin hits a bottom, this value is higher than the electricity cost, but it will decrease during a bear market.
I wouldn't be surprised if the electricity cost drops below $45,000 before Bitcoin actually hits the bottom.
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