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Troy Cross: $225 MWh is ceiling revenue for bitcoin mining without efficiency gains

Troy Cross: $225 MWh is ceiling revenue for bitcoin mining without efficiency gains
Bitcoin mining revenue ceiling set

Troy Cross highlights that $225 per megawatt hour (MWh) is the maximum revenue achievable from mining with $1 million in bitcoin when there are no efficiency improvements. According to Cross, under most other scenarios, the maximum potential revenue is significantly lower. He points readers to a detailed dissertation on the topic for further insights.

Cross has previously analyzed Bitcoin’s technological risks, assessing potential threats and upgrade scenarios from CRQC advancements in a risk assessment. In a separate discussion, he addressed questions around whether bitcoin should remain accessible to all parties, including countries such as Iran, as part of a debate on financial inclusivity. These topics continue to frame ongoing debate about limits and opportunities in bitcoin mining and use.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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