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RE: It costs $26,000 to mine one bitcoin in South Korea — and just $530 in Venezuela
this is why POW is outdated and really bad for crypto.
it means that nobody is even and that depending on where you live you have the option to mine or not.
proof of stake is the better option at this time and i am sure there will be new options in the future
Agree, Im sure POW is going to be outdated very soon...