Break-even coin price is a term used in mining to describe the price level of a coin, at which the fiat value of the cryptocurrency being mined, is equal to the cost of electricity to operate the mining machine. Since electricity is typically the main cost associated with mining, this metric serves as a reference point for miners.
Each miner has a different break-even coin price, as their electricity costs and efficiency are not always the same. If the coin price falls below this level, miners should mine with caution to avoid losses.
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