Mining cost mean that if no person wants to increase their holding in Bitcoin and no person wants to decrease their holdings in Bitcoin the price of Bitcoin is going to fall because the miners have to sell mined Bitcoin to pay for their electricity. You need billions of dollars to flow into Bitcoin just to keep the price even.
Mining cost mean that if no person wants to increase their holding in Bitcoin and no person wants to decrease their holdings in Bitcoin the price of Bitcoin is going to fall because the miners have to sell mined Bitcoin to pay for their electricity. You need billions of dollars to flow into Bitcoin just to keep the price even.