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Bitcoin Miner Margins Near Break-Even as Production Cost Hits $61,200, Edwards Says

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2026-06-12 11:12:48
Bitcoin miners may be under pressure as profitability approaches break-even levels, prompting some market participants to view the situation as a potential accumulation signal.

According to NS3.AI, pseudonymous trader Killa said Bitcoin miners are “capitulating” and described the current setup as a signal to accumulate BTC.

Capriole Investments founder Charles Edwards said miners are near break-even, estimating Bitcoin’s production cost at around $61,200. Edwards added that electrical cost is about $48,965 and put miner margin at 4.67%.
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