Generating new BTC from the mining process requires energy. The concept behind the Energy Value model is that raw joules – a measurement of energy – can be used to establish a fair value of Bitcoin price.
The tool takes into account miner energy input, supply growth rate, and a fiat factor of USD/joules for its calculations. It provides a visual representation of Bitcoin’s fair value based on joules of energy spent.
Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
