Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko report

A big worldwide distinction exists in family electrical energy bills for particular person (BTC) miners. Whereas producing one Bitcoin in Italy prices $208,560, in Lebanon, it’s roughly 783 instances cheaper, in line with a current report.

Revealed on Aug. 17, the report from CoinGecko revealed that solely 65 nations are worthwhile for solo Bitcoin miners, primarily based solely on family electrical energy prices. Amongst these, 34 nations are in Asia, whereas Europe solely has 5.

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