The Cost to Mine Different Cryptocurrencies In Every Country Mapped
Aug 29, 2022
With skyrocketing energy requirements, the cost to mine 1 Bitcoin can differ by more than $200,000, depending on where you are in the world. In Venezuela, the cost to mine 1 Bitcoin is $246,530.74 and isn’t close to being profitable. In Kuwait, however, the electricity cost of mining 1 Bitcoin is just $1,393.95, the least of any country.
