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Mining costs soar! How to mine Bitcoin? XBIT may become a new track for global miners to break through
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04-25 15:21
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Mining costs soar! How to mine Bitcoin? XBIT may become a new track for global miners to break through
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Recently, the global cryptocurrency market has been in turmoil again. A set of data released by the International Energy Agency (IEA) has caused a shock in the industry: the annual power consumption of global Bitcoin mining has exceeded 350 terawatt hours (TWh), equivalent to the annual power consumption of the entire Argentina. This figure has surged 180% from three years ago, directly pushing up the operating costs of miners to a historical peak. At the same time, the XBIT decentralized exchange platform is becoming the focus of attention of the global miner community with its innovative modelMining dilemma: industry pain under soaring costsThe essence of Bitcoin mining is to solve mathematical problems through computing power competition to obtain block rewards. However, with the exponential growth of computing power across the entire network, the competition among traditional mines has evolved into an "electricity arms race." According to statistics from the Center for Alternative Finance at the University of Cambridge, the average payback period for global mining machines will be extended to 22 months in 2025, and some areas with high electricity prices will even exceed 30 months.What is more serious is that environmental pressure is increasing day by day. The latest "Crypto Asset Regulation Act" passed by the European Union explicitly requires that all mines must disclose carbon footprint data from 2026, otherwise they will face a ban. This policy has directly led to more than 60% of small and medium-sized mines in Europe being forced to shut down or relocate, accelerating the reshuffle of the industryXBIT: Reconstructing the mining ecosystem with technologyWhen traditional miners are in a dilemma, the XBIT decentralized trading platform has broken through with its unique "computing power financialization" model. The platform innovatively converts the computing power of mining machines into tradable digital assets (Tokenized Hashrate), and users can participate in the distribution of mining income without purchasing physical mining machines.The XBIT decentralized exchange platform adopts zero-knowledge proof (ZK-Rollup) technology, and all computing power transaction records are stored on the chain, completely eliminating the common computing power data tampering risks of centralized platforms. The platform also introduced a "double audit mechanism"-computing power suppliers must pass hardware direct connection verification + third-party energy consumption audit to ensure that user benefits are transparent and traceable.For novice miners, the XBIT decentralized exchange platform has launched the "Mining Academy" section, which provides one-stop popular science services from hardware selection, electricity cost optimization to compliance guidelines. For example, its original "dynamic computing power pool" model can automatically match the optimal mining strategy according to the user's risk preference, reducing the cost of individual investors' participation by 90%. At present, XBIT has reached a strategic cooperation with 12 green energy mines in North America, Central Asia and other places. The computing power assets held by users can be directly exchanged for clean energy mining services. Data shows that users who participate in mining through XBIT have a comprehensive cost reduction of 42% compared with the traditional model, and the volatility of income has decreased by 30%Industry turning point: from "money-burning game" to value investment"Bitcoin mining is undergoing a generational change." XBIT's chief architect said at the recent Miami Blockchain Summit, "When computing power becomes a programmable asset, the role of miners will change from electricity consumers to ecosystem co-builders." This view has been verified by the market: Since the beginning of 2025, the transaction volume of computing power assets on the XBIT platform has surged by 230%, of which institutional investors account for more than 65%.It is worth noting that the rise of XBIT is forcing traditional mining farms to transform. MicroBT, the world's third largest mining machine manufacturer, has announced its access to the XBIT ecosystem and launched a new mining machine that supports the tokenization of computing power. Analysts believe that this "hardware + finance" integration model may reshape the cryptocurrency industry landscape in the next decade.

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