🚨 BITCOIN MINER COST SHOCK: REAL PRODUCTION PRICE REVEALED! 🚨

Ki Young Ju of CryptoQuant calculated the true average cost to mine one $BTC based on MARA Holdings Q3/2025 data. This is NOT the optimized number you usually see.

• Real Cost per $BTC: ~$67,700 USD.

• This figure shatters old psychological floors ($40k-$50k).

• Mining is now extremely sensitive to $BTC price swings.

When price hits this cost floor, expect miner capitulation pressure. High costs force weak miners out, strengthening the network long-term for the efficient players. $BTC is now priced by production structure, not just hype.

#BTC #CryptoMining #BitcoinHalving #Alpha

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