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VanEck's Matthew Sigel says Bitcoin must average $100,000 for miners to break even

NewsFeeds update

VanEck digital assets research head Matthew Sigel said network hashrate is near a record 1,038 EH/s ahead of the next halving, expected in April 2028. He estimates a $3,459 S21 XP miner needs Bitcoin to average about $100,000 to break even, with BTC at $77,500.

MiningOdailyAINeutral

Read the original on Odaily

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Every Mining update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.