Veeky Forums was circulating the rumor that the cost of mining 1 BTC = 6k, so upon research I found this...

Veeky Forums was circulating the rumor that the cost of mining 1 BTC = 6k, so upon research I found this... turns out is a lot cheaper than that

thanks for your effort user, for your reward this will go to the last page of Veeky Forums and nobody will care.

We love you.

>what is rising difficulty
it gets more expensive every fucking day you idiot, those numbers are years out of date

Where are the nocoiners now? Show yourselves cowards.

They're up to date as of now.

Russia about 3k$ actually

get off my lawn

not in average, maybe in Moscow

This must be calculated using the cheapest electricity price because in my country, for every 100 kWh, the price increases double.

in countries with that scheme, i used the most expensive price obviously

Nobody claimed it was retard. It offers a trustless system.

fuck, I actually bought the rumor, can you not trust Veeky Forums for anything?

Explain the lower numbers senpai

Explain dis

That seems inflated as fuck

at $0.12 / kWh it costs 1500 dollars to mine 1 BTC

I don't have to explain shit. The only question I have is did they pay their electric bill. Beyond that is none of my fucking business is none of your fucking business how much it cost to mine 1 Bitcoin.

Yes it is our business since it can help determine the bottom of BTC.

>8k
Oooooo almost halfway to the ATH! Bears are scared for sure.

Theres way more costs associated with mining

It is actually very expensive to mine a bitcoin.

Nice, just mined 100k