Bitcoin Makes Miners Richer than Gold, How Come? 💰⚡
The price of Bitcoin, which has now surpassed $115,000 per coin, turns out to be a much more enticing profit field compared to gold.
Recent data shows that in North America, the cost to mine 1 BTC is on average only $39,770, allowing miners to pocket nearly 190% profit — about $75,230 per coin!
In comparison, gold, despite its high price ($3,377/ounce), has a profit margin for miners of only around 151% due to production costs reaching $1,345 per ounce.
The advantage of Bitcoin lies in its digital scalability and energy flexibility — miners can optimize hardware and seek locations with cheap electricity. Meanwhile, gold is still tied to physical exploration, logistics, and complicated licensing.
However, both have environmental impacts. Bitcoin is energy-intensive (166,270 kWh per BTC), while gold leaves behind large rock waste and risks of chemical pollution.
If you were a miner, would you choose the big profits of Bitcoin or the stability of gold? 🤔
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