-
Bitcoin costs more to mine in New Zealand than it's worth as prices fall
The high cost of energy to produce a single Bitcoin seems to make little financial sense as the cryptocurrency's price slips to about US$86,000 (NZ$147,000). Latest data from Cambridge Bitcoin Electricity Consumption Index indicates the energy needed to produce one Bitcoin costs more than US$100,000 for 15 of the world's top 20 producers, with Australia among the biggest spenders at nearly US$259,000. New Zealand miners need to spend an estimated NZ$173,192.96 on energy to produce one Bitcoin, according to data provided by New Zealand industry organisation Cryptocurrency NZ. Cryptocurrency NZ co-founder Nicolas ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @FirstSquawk|Jan 25, 2026|10 commentsKihara: Japan will act on foreign exchange matters in line with Japan-US joint statement. Breaking | Japan's Chief Cabinet Secretary Kihara acknowledges fluctuations in both domestic and international financial markets. Japan’s Chief Cabinet Secretary Kihara declines to comment on reported rate checks.
From equiti.com|Jan 25, 2026In financial terms, volatility is a statistical metric used to assess the degree of variation in the trading price of an asset or market over time. Higher dispersion or more ...
From msn.com|Jan 25, 2026|2 commentsFederal Reserve officials have signaled clearly that they intend to leave their benchmark interest rate unchanged this week, leaving economists to debate a larger question — how ...
-
- Newer Stories
From @FirstSquawk|Jan 25, 2026|7 commentsJapan Finance Minister Katayama says he is monitoring market moves with a high sense of urgency. Breaking | Japan's Finance Minister Katayama Declines to Comment on Foreign Exchange Matters
From thestreet.com|Jan 25, 2026I’ve been covering crypto markets for long enough to remember when Ark Invest CEO Cathie Wood’s interest in Bitcoin (BTC) was treated with backlash. In a 2018 note published on ...
From fxstreet.com|Jan 25, 2026Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices recovered slightly at the time of writing on Monday after correcting by over 7%, 14%, and 7%, respectively. The top three ...
