Analysis: After Bitcoin is halved, the price reaches $ 12,000 to enable miners to continue to profit

According to Bitcoinist, data shows that after Bitcoin halved, Bitcoin miners can continue to make profits only if their price range is between $ 12,000 and $ 15,000. Currently, the break-even point for miners is between about $ 3,500 and $ 7,000, depending on the cost of electricity. In addition, the Bitcoin network is still very competitive, with a recent record of 125 trillion hashes per second. At such a high level of mining, even if the price of BTC is close to $ 10,000, the mining profit and loss balance is problematic.