The full cost of Bitcoin mining has risen to $138,000, mining companies are massively shifting to AI/HPC

December 7 — According to fresh data from CryptoRank, the average cash cost of mining 1 Bitcoin has risen to $74,600, and when including depreciation and stock-based compensation (SBC), the full cost reaches $137,800.☄️☄️☄️

After the network hashrate exceeded the symbolic threshold of 1 ZH/s, competition intensified sharply, and miner profitability declined significantly. This is leading many public mining companies to redirect their capacity toward more profitable areas such as AI/HPC instead of investing in traditional Bitcoin mining. The industry is thus splitting into two main directions.

BTC

93,998.09

+4.31%