Bitcoin

In their recent report, CoinGecko unveiled the money needed per country to create a single Bitcoin.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/28158820d1bd407b91eabe738b927b60.gif" />Ad. Participate in Trigoz Airdrop &amp; Get $50 worth of OZ Tokens Free <a href="https://t.me/trigOz_Airdrop_Bot" rel="noopener noreferrer nofollow">Join Now</a>The report from CoinGecko shows the big differences in how much money it costs to use household electricity to mine 1 Bitcoin all around the world.It says that if you’re mining on your own, you would need about 266,000 kilowatt-hours (kWh) of electricity to make 1 Bitcoin. This would take around seven years.The <a href="https://cryptosheadlines.com/microstrategys-q1-report-highlights-bitcoin-as-its-main-focus/" rel="noopener noreferrer nofollow">report also says that the average cost for electricity at home to make 1 Bitcoin</a> is about $46,291. That’s 35% more than the average daily <a href="https://cryptosheadlines.com/first-republics-banking-issues-trigger-surge-in-bitcoin-prices-above-28000/" rel="noopener noreferrer nofollow">price of a Bitcoin</a> ($30,090.08) in July 2023.But the cost changes a lot depending on where you are. In Europe, it’s the highest at around $85,767.84, while in Asia, it’s the lowest at about $20,635.62.<a href="https://cryptosheadlines.com/coingeckos-bitcoin-production-costs-in-the-us/" rel="noopener noreferrer nofollow"> Read More...</a>

CoinGecko’s Bitcoin Production Costs in the US

CryptosHeadlines.com

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