hi guys , I was thinking about this and im asking, what are your toughts on this matter?


--When bitcoin fell from ATH it hit the bottom when the price for PRODUCING 1 bitcoin was equal to 1 bitcoin.where i live that was about 200$.

    in my country in september 2015  , with a neptune at 54mm difficulty (half of now) I was able to mine one bitcoin per month and the electricity cost would've been 200$. Bitcoin was about 230$ at that time.

--Now with the recent price gains , and with recent increase in difficulty , im not mining anymore but it would go like this :

With a neptune it would cost me 200$ per 0.42 btc per month, So i would need to pay at least 400$ per bitcoin to produce it and sell it for profit.


***So to be profitable the price of bitcoin should stay anywhere in that area of 400$.
               
                Is the AVERAGE PRODUCING COST of 1 Bitcoin representative of the lowest PRICE 1 bitcoin could be??