Bitcoin market price vastly exceeds marginal production cost compared to oil and gold
Bitcoin market price vastly exceeds marginal production cost compared to oil and gold The passage provides a technical analysis of Bitcoin's price relative to production costs, citing academic work and Bloomberg data, but it does not mention any specific individuals, institutions, financial flows, or misconduct. It offers minimal investigative value beyond a market observation. Key insights: Bitcoin's market price is roughly 350% above miners' electricity costs.; Gold miners' revenues are about 50% above marginal cost; oil drillers' about 8%.; The analysis cites a 2015 International Economic Review paper and Bloomberg's Investment Strategy Group.
Summary
Bitcoin market price vastly exceeds marginal production cost compared to oil and gold The passage provides a technical analysis of Bitcoin's price relative to production costs, citing academic work and Bloomberg data, but it does not mention any specific individuals, institutions, financial flows, or misconduct. It offers minimal investigative value beyond a market observation. Key insights: Bitcoin's market price is roughly 350% above miners' electricity costs.; Gold miners' revenues are about 50% above marginal cost; oil drillers' about 8%.; The analysis cites a 2015 International Economic Review paper and Bloomberg's Investment Strategy Group.
Tags
Forum Discussions
This document was digitized, indexed, and cross-referenced with 1,400+ persons in the Epstein files. 100% free, ad-free, and independent.