Today news
About the same in other media
23.11 - 19:47
If you’re a Bitcoin miner ready to travel, here is where you could be next
Reading now: 421
A hopeful miner trying to strike gold with Bitcoin mining needs to consider the cost of electricity in the location where they plan to start mining. A lot of miners don’t have that luxury of choice, but the question is – If one did, where would they go?
Arcane Research’s Weekly Update report compared the costs of mining one Bitcoin across diverse nations. Here are the top contenders – and some other factors to keep in mind.
According to Arcane Research’s report, the cheapest country to mine the king coin is none other than Kuwait. In fact, it found that the electricity costs are about $880 per Bitcoin. The report added,
“Similarly to many other countries in the Middle East, Kuwait has almost limitless oil and gas reserves, and the government
Read more on ambcrypto.comAbout this in other media
Bitcoin Cash ready for an extended recovery but… ambcrypto.com /2 years ago
Uncertainty looms over Bitcoin as Mt. Gox prepares for final payout moneycontrol.com /2 years ago
Ethereum: What you should know about Long-term holders’ ‘historic’ sell-off ambcrypto.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
