Nano Labs founder says #Bitcoin mining farms in Xinjiang, #China are shutting down rapidly.

Bitcoin hashrate fell 8%, implying around 400,000 miners are offline.

$BTC

BTC1,68%

Aguofthe

2025-12-03 23:57:40

Publicly listed #Bitcoin miners saw their average cash cost per $BTC jump to about $74,600 in Q2 2025, with total costs including non-cash expenses reaching roughly $137,800.

The rise in mining prices is a summary of where the bitcoin price is going

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#BitcoinPriceWatch

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