Analysis: The current Bitcoin mining cost is about US$76,000. Miners are selling coins at a loss

CryptoQuant analyst Darkfost said that after the recent rebound in Bitcoin prices, miners 'selling pressure has returned, which is reflected in the significant increase in Binance miner inflows. Darkfost pointed out that miners 'computing power has dropped by about 28% since the end of October last year. With a 20% difficulty adjustment, the current production cost is about US$76,000 and the Bitcoin trading price is about US$65,000, causing most miners to operate at a loss and be forced to sell coins.