Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitcoinGirl.Club
on 06/02/2019, 15:41:07 UTC
It is a study of the cost of electricity in each country to extract 1 BTC.

The date is 2018, surely the antiminer have improved consumption, but it's still interesting to see the cost per country.

https://www.elitefixtures.com/blog/post/2683/bitcoin-mining-costs-by-country/

The Myanmar miners are loving it! Everyone else not so much
Huh! Did you see Venezuela LOL
It's all green there! I am packing up to move there 😜

Quote
Venezuela came in as the cheapest nation at $531. Their electricity rates are heavily subsidized by the government, leading to incredibly low prices. Trinidad and Tobago, Uzbekistan, Ukraine, and Myanmar round out the rest of the five least expensive nations.