Dec. 1 at 4:30 PM
$CLSK according to JPM "For the fourth fiscal quarter of 2025, CleanSpark's cash cost to mine one bitcoin was
$67,743. This includes electricity costs of
$49,698 per coin and cash selling, general, and administrative (SG&A) expenses of
$18,045 per coin"
The GAAP cost which includes depreciation charges for their mining rigs is way higher.
right now these MoFo's are mining at a loss - but that not new! this junk is an F'd up BTC treasury scam