CoinShares have published the latest release of their bi-annual research report on the mining industry. The research indicates mining is currently a highly profitable business given present conditions. Market-wide creation cost is estimated to be approximately $5,600. Miners with access to the most attractive hardware prices and energy rates are estimated to have creation costs as low as $3,500. The percentage of energy sourced from renewables in the mining industry is estimated to be 74%.
Source: CoinShares
