I tend to read these factors in reverse, which is that the price of bitcoin mining will rise according to the previous factors, which means that the average bitcoin mining will rise and therefore if any correction occurs, it will not last for a long time below that level.
I will use the data here that represents the mining value a year ago
BTC price is ~ $56,000 - Price now is ~ $40,000.
Hashrate is ~ 167 EH/s - Hashrate is ~ 191 EH/s
we consider both 5.5¢ and 3.5¢ per kWh costs which mean electricity is
20% more expensive than in January 2021 and price will keep increase by
XX% every couple of months.
Production Cost of 1 BTC per ASIC model
using base 24h cost @ 5.5¢/kWh base 24h cost @ 3.5¢/kWh
Antminer S19 Pro, 110T $5,778 $3,677
Antminer S17 Pro, 53T $7,726 $4,917
.
.
.
Averages $11,459 $7,292
The lifetime cost of an ASIC miner to mine one bitcoin is on average
$15,000-$19,000 USDSource:
https://minerdaily.com/2021/how-much-does-it-cost-to-mine-a-bitcoin-update-may-2021/By calculating inflation, high prices, oil price, and other variables, we can say the lifetime cost of an ASIC miner to mine one bitcoin is on average
$25,000-$30,000 USDThus, we can predict that if the demand increases, it is difficult to see levels below 30k, and then the price will rebound quickly.
Based on it, the average stability may be at 40k to 60k, and the peaks are higher than 70k.