Bitcoin mining costs are climbing for public miners.
In Q2 2025, their average cash production cost reached 74,600 dollars per BTC.
All-in costs, including overhead and depreciation, rose to 137,800 dollars per BTC.
He already holds 650,000 $BTC and continues buying more.
Meanwhile the real money has always been in BTC
I studied years of market data and on-chain trends 🕯
Here’s the guide on why Bitcoin builds wealth while alts drain it



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