What have you heard about Bitcoin Mining ?

In this report we investigate the geographical distribution, composition, efficiency, electricity consumption and electricity sources of the Bitcoin mining network.

We also investigate trends in hashrate, hardware costs, hardware efficiency and marginal creation costs.

Among our findings is an estimate that since May, the market-average, all-in marginal cost of creation, at ¢5/KWh, and 18-month depreciation schedules has increased from approximately $6,500 to approximately $6,800.

This suggests that, at current prices…

Risk Disclosure

Cryptoassets are a highly volatile asset class. The value of cryptoassets can go down as well as up and you can lose your entire investment. Cryptoassets may not be covered by the Financial Services Compensation Scheme.