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Speculation
Re: Why bitcoin so expensive?
by
JhonWong
on
27/12/2017, 12:50:34 UTC
i think this is the answer
SEP 2017 data are as follows. It has increased by 50% now.
At $0.12 kW/h a Bitcoin costs $1,567.88 to mine.
At $0.04 kW/h a Bitcoin costs $522.62 to mine.
This, of course, does not include hardware and other costs.
from:
https://grisha.org/blog/2017/09/28/electricity-cost-of-1-bitcoin/