Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival

Bitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable energy supply, and a good amount of skill to manage the process.As such, miners often turn to credit facilities to fund their operations. Today, mining costs continue to grow, with some experts saying that costs have skyrocketed to $49,500 as of th