Scenario analysis of Bitcoin mining production in 2022
Quick Take
- Despite the recent market downturn, Bitcoin mining remains profitable thanks to the high efficiency of the newest generation of equipment.
- Meanwhile, the increase of Bitcoin miner and power capacity investments globally is set to affect the main variables of the profitability equation.
- In this piece, we take a scenario analysis of the various factors that could shape the mining production and profitability outlook in 2022.
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Author: Wolfie Zhao
