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Published 29 Oct 2026, 15:54 UTC · fetched 6 Nov 2026, 14:18 UTC
Sminston With 👁
@sminston_with
How fast does Bitcoin's cost of production grow? 418% a year in 2015 100% by 2020 38% Today⛏️ - - - This is typical power law behavior - growth that slows down but doesn't stop. The dashed yellow line is the power law prediction, and the real cost to mine tends to hug it (cyan). Price over the last 4 years is 41% per year; right along with cost to produce. - - - This asset is different - commodity mechanics may apply. Are you paying attention yet? 🧐View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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