Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: emjay825 on August 31, 2018, 05:27:58 PM

Title: Miner Spends Only $1567 per BTC
Post by: emjay825 on August 31, 2018, 05:27:58 PM

Electricity is the number one cost for cryptocurrency mining, giving an edge to whoever can secure it for the lowest price. Bitfarms, which has access to cheap renewable energy in Canada, reports that mining a single BTC cost the company just $1567 in the first half of the year. More (https://news.bitcoin.com/bitfarms-reports-mining-a-single-btc-cost-it-just-1567-in-h1-2018/)!