cryptosuk.com
It now costs more to make bitcoin than the cryptocurrency is worth - Cryptos UK
Jaap Arriens/SIPA USA/PA Images IT COSTS more money to make bitcoin than the cryptocurrency is worth. Producing a single bitcoin now costs $4060 on average, but it is valued at less than $3500, according to an analysis by JPMorgan Chase. Bitcoin relies on volunteers to process transactions. Their computers race to solve a mathematical puzzle…