Community post
Venezuela here i come :)
Cost to mine one bitcoin, based on avg electricity rate
S Korea $26,170
Germany $14,275
France $7,930
Japan $8,723
UK $8,402
Brazil $6,741
S Africa $5,948
Estonia $5,551
US $4,758
Russia $4,675
India $3,274
Venezuela $531
Replies (3)
That's why mineria bitcoin is on it's way to become Venezuela's favorite hobby.
Venezuela will become a mining hub . Btw how much time it takes to mine 1 Btc ?
Depends on the miners you posses and hiw mang of them you have , blocksizes , difficulty , etc