💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
CoinShares: The production costs of Bitcoin miners are expected to rise significantly in Q4 2024.
Gate.io News bot message: According to the latest research report released by CoinShares, the production costs for Bitcoin miners have shown a significant rise in the fourth quarter of 2024. The data shows that the weighted average cash cost of producing a single Bitcoin for listed miners rose from $55,950 in the third quarter to $82,162, an increase of 47%. During the same period, the average production cost reached $75,767, a month-on-month rise of 35%.
The report indicates that despite rising costs, most mining machines maintain profitability. However, after accounting for non-cash costs such as depreciation and stock-based compensation, the total average cost reaches $137,018.