⚡️🔎 CHART - Bitcoin has never fallen below its electrical cost.
Today that floor is $71,000.
https://blossom.primal.net/c392c341fa6ab783ff32b9dc083a6ade1a29a7806f84a9d16b2f7bce1db25357.png
A note: electrical cost also gets down when bitcoin gets down, because difficulty decreases. So I'm not sure it is a valid metric to determine the floor.
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