Cheapest vs Expensive Countries to Mine Bitcoin

in #bitcoin • 7 years ago (edited)

Mining 1 #Bitcoin is very profitable in many countries around the world. Here are two maps showing the cheapest vs. most expensive countries to mine BTC.

Venezuela: $531 ( cheapest )
South Korea: $26,170 ( most expensive )

Last Update Jan 2018

Expensive

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Cheapest

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#mining #btc #cryptocurrency
7 years ago in #bitcoin by
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     7 years ago 

    Thank you dear for sharing . Best of luck .

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       7 years ago 

      I know there are miners in South Africa, but probably no new ones. Our electricity had doubled in price over the past two years and we are very far from the big world markets, so gear is really expensive.

      The initial capital outlay is insane and a gamble I wouldn't take even if I could afford it.

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         7 years ago 

        Amazing information good luck

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           7 years ago 

          Awesome post! I invite you to visit our blog and enjoy our content :)

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             7 years ago 

            I'm from Belgium and i am a miner...
            Who have a ticket for Venezuela for me ? :D

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