🔥 According to the latest data from publicly listed Bitcoin mining companies, the cost to mine a single Bitcoin is steadily increasing. Specifically, in Q2 of 2025, if only considering actual cash expenses such as electricity, labor, and operations, the average cost to mine one Bitcoin is about $74,600.

However, this figure does not fully reflect the real costs that companies have to bear. When factoring in non-cash expenses such as equipment depreciation over time and stock-based compensation for employees instead of cash, the total actual cost to produce one Bitcoin rises to $137,800.

Notably, the chart shows a significant disparity in cost efficiency among different mining companies. While some companies like IREN have low costs of only about $46,497 per Bitcoin, less efficient companies like Hut8 have to spend up to $134,745. This discrepancy depends on many factors such as electricity prices, equipment efficiency, and the scale of each company’s operations. #PostonSquaretoEarn$50