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Institutional Report: BitDeer (NASDAQ: BTDR) Boasts the Lowest Mining Cost in...

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Post time 14-2-2024 04:45:00 | Show all posts |Read mode
On January 29th, a recent report by Cantor Fitzgerald pointed out that the upcoming Bitcoin halving event will pose significant challenges to the Bitcoin mining industry.

Cantor analysts predict, assuming an average Bitcoin price of $40,000 and stable hash rate, BitDeer benefits from high cost efficiency, with an estimated mining cost of $17,744, lower than its industry counterparts. Therefore, it can be anticipated that BitDeer will maintain its profitability after the Bitcoin halving and is poised to lead industry development with its competitive advantages.
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Post time 14-2-2024 08:36:22 | Show all posts
So, this is a small mining company, huh?
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Post time 14-2-2024 13:13:12 | Show all posts
Lowering costs is a good thing indeed.
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Post time 14-2-2024 16:03:13 | Show all posts
I believe it's a positive development.
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Post time 14-2-2024 20:56:09 | Show all posts
That sounds like really good news!
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