$COVAL
Heating UpSnapshot Window: 2026-07-29 20:00 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 16, Retweets: 0, Likes: 24, Impressions: 71
Verbatim Community Citations & Social Evidence 1 source posts analyzed
ELECTRICITY COST TO MINE $BTC IS CURRENTLY AROUND ~$48K. $BTC NEVER GOES BELOW THIS PRICE "Production Cost / Electrical Cost" (Electricity & production costs to mine 1 BTC) is always one of the most classic bottom indicators for Crypto folks. Currently, the average
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AI visual note: A BTCUSD 1-month Bitstamp chart overlays the "Production & Electrical Cost" line (~$48K) against Bitcoin's price, showing the cost curve rising from $1,750 to ~$48,000, with an annotation highlighting that the "Historical support line remains UNBROKEN." The image visually reinforces the post's claim that BTC's price has historically held above its mining production and electricity cost, currently sitting just above that ~$48K threshold.