including the AntMiner S9, the AntMiner S7, and the Avalon 6 and the total power expenditure. Country, cost, kWh, cost of 1 Bitcoin using AntMiner S9, Cost of 1 Bitcoin using AntMiner S7, Cost of 1 Bitcoin using Avalon 6, Uzbekistan 0,05 888,65 2294,20, india 0,07 1244,11 3212,08, paraguay 0,08 1421,84 3671,52, argentina 0,09 1599,57 4130,96. 39 countries have estimated electricity mining costs doug casey bitcoin zero below the current price of one Bitcoin ( 11,455 and 80 countries have estimated electricity mining costs below Bitcoinss all-time high ( 19,498.63 however, as with many thing Bitcoin related, the numbers above are rough estimates only.
Current costs per kWh in austria is 5c 14c. This chart is off the charts. It now costs more than 1BTC to mine 1 BTC in many places around the world.
And all prices have been converted to USD based on official exchange rates. According to research conducted. That means that investors would be able to make a profit with bitcoins current value at 8,567.86, according to Kraken exchange prices. Given how incredibly complex electricity pricing can be, these prices are only estimates, but are likely significantly higher than what professional miners actually pay. When there was a range we took the midpoint and when there were different prices based on subsidies, we took the price without subsidies. The mainstream attention around bitcoin as it hit a peak level at 20,000 last December has led to an outcropping of digital miners and mining operations. For those looking to do it on the cheap, head to Venezuela where the cost of mining a bitcoin is just 531.