Of course, most people are not commercial miners. As for small institutions, this equation leaves them in a precarious position. For Bitcoin mining companies in the United States that operate on a smaller scale than the massive scale, it is estimated that the cost spent on mining one Bitcoin is around 137 thousand US dollars. If you are mining in Germany, the calculations get worse: the cost for one coin will be about 200 thousand US dollars. Neither price even approaches Bitcoin's all-time high, meaning you will have to bear the loss upfront and hold the currency, hoping that the cryptocurrency will rise to new record levels in