Bitcoin miner mulls refunding 20 BTC reward to Paxos
1 min read
A Bitcoin (
Depending on one’s physical location, Bitcoin mining business can have a varied profit margin. A recent report from CoinGecko showed that only 65 countries are profitable for solo Bitcoin miners, based solely on household electricity costs.
Based on the data shown above, mining 1 BTC in Lebanon is 783x cheaper than Italy, where it costs $208,560 to produce 1 Bitcoin.
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