๐พ๐ค๐จ๐ฉ ๐ฉ๐ค ๐๐๐ฃ๐ 1 ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐๐ค๐ง๐ก๐๐ฌ๐๐๐ ๐
๐๐๐ค๐๐ ๐๐ฃ๐ ๐๐ช๐ข๐๐๐ง๐จ ๐๐๐ซ๐๐๐ก๐๐! ๐ฅ
๐ฅ How much does it cost to mine 1 Bitcoin around the world? The numbers might surprise you.
๐ In Ethiopia, itโs as low as $2,000 per BTC โ though the country lacks enough mining infrastructure to capitalize on it.
๐จ๐บ Cuba and ๐ธ๐ฉ Sudan follow, with costs under $4,000.
๐บ๐ธ Meanwhile, in the U.S., it costs a staggering $107,000 to mine just one Bitcoin.
This massive gap in energy and infrastructure costs is why the Bitcoin price likely wonโt stay below current levels for long. When mining becomes unprofitable, many operations simply shut down.
๐ Economics of mining is shaping the future of #Bitcoin.
#BTCRebound #BinanceHODLerSTO #SaylorBTCPurchase #DigitalAssetBill