Cost Of 1 Bitcoin Mining
The cost of Bitcoin mining is a hot topic in the world of cryptocurrencies. The cost mostly depends on the cost of electric energy and varies significantly around the world, from as little as $531 to a stunning $26,170.
image source
So, where to go to mine bitcoin?
In this infographic, you can find the cost of mining bitcoin in your country.
source
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I'm from the UK and I think the $8k number is way too low.
I'm currently mining using Nicehash on my Nvidia 980TI and I will barely break even once I hit the minimum withdrawal of 0.002 BTC. I'm more doing it for the fun and to say I was involved!
Well, I'm not sure if the data in the infographic is relevant or not, but the source - article at Marketwatch has some credibility.
Oh yes I agree, I suspect it's based on mining hardware which is way more efficient than my old 980TI, that's probably why!
I am trying to put a solar kit together but I am finding I needed different miners for different coins is there a place to compare the cost per coin type benefits verses coat or is this the same for any coin that is mined?
Uh, I don't know. The hw and sw costs varies, I suppose from country to country...