A recent study by Coingecko showed the price of energy to be incurred to do Bitcoin mining in different countries around the world.
Italy ranks as the most expensive nation as it takes over $200,000 to mine 1 BTC.
On the other hand, there are several places where practicing this activity is very low priced, although one has to face a number of regulatory risks and a low quality of life.
Considering the cost of hardware and the variability of energy expenses, is mining Bitcoin still a profitable activity overall?
European miners increasingly understand the importance of implementing renewable energy systems in order to get back into global competitiveness and avoid having to shut down.
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Mining Bitcoin: mining 1 BTC in Italy has the highest energy price worldwide
Mining Bitcoin has always been an activity whose results are uncertain and depend on a number of variables such as energy and mining hardware costs, cryptocurrency price, and network difficulty.
Those who
We współpracy z: https://en.cryptonomist.ch/2023/08/26/italy-country-highest-price-bitcoin-mining/
