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RE: Bitcoin Price Mini T.A. 4/19/2018
Morgan Stanley: Bitcoin Miners Will Only Profit When Price is Above $8,600 https://ift.tt/2HdJ8A5 #bitcoin #crypto
Morgan Stanley: Bitcoin Miners Will Only Profit When Price is Above $8,600 https://ift.tt/2HdJ8A5 #bitcoin #crypto
That is based on an average cost for mining. In South Korea it is over $11,000 to mine a single BTC and in some parts of China it is as low as $3-4K! This is just a good price point to defend however for the entire market.