Depreciation
The gradual loss of value of an asset.
The gradual loss of value of an asset.
Depreciation is a method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. It represents how much of an asset's value has been used. In the context of crypto, depreciation might refer to digital assets like mining hardware losing value over time.
Allocating the cost of a Bitcoin mining rig over its useful life.
