Energy infrastructure is the real gold and silver of mining: examining Bitcoin's next move based on a $56,000 cost

【Crypto World】Many people only watch the price fluctuations of Bitcoin, but investor Kevin O’Leary is looking at something deeper—energy infrastructure. His logic is straightforward: understanding the cost structure of electricity is more profitable than holding coins themselves.

It may sound counterintuitive, but a clue can be seen from his investment in Bitzero. This company can reduce Bitcoin mining costs to $56,000. What does that mean? It means as long as the coin price is above this cost, it’s profitable. Moreover, when costs are low enough, the value of electricity itself might even surpass Bitcoin—you can choose to mine or rent out the electricity.

Having this kind of infrastructure flexibility is what long-term players focus on. However, O’Leary also recognizes that Bitcoin’s current pricing is somewhat awkward. He believes that to reach the $150,000 to $200,000 level, the market needs a clearer and more defined regulatory framework. After all, large capital investors fear policy changes the most.

As for other cryptocurrencies? His view is straightforward—they lack institutional recognition. In the eyes of institutional investors, Bitcoin has a relatively clear value proposition, but most altcoins are still in the speculative stage. This is a fundamental difference. Therefore, the competition in energy infrastructure will ultimately revolve around Bitcoin, and those who can push costs to the extreme will be the true winners.