Venezuela here i come :)baki87 (40) in bitcoin • 7 years ago (edited)Cost to mine one bitcoin, based on avg electricity rate S Korea $26,170 Germany $14,275 France $7,930 Japan $8,723 UK $8,402 Brazil $6,741 S Africa $5,948 Estonia $5,551 US $4,758 Russia $4,675 India $3,274 Venezuela $531 bitcoin mining
That's why mineria bitcoin is on it's way to become Venezuela's favorite hobby.
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Venezuela will become a mining hub . Btw how much time it takes to mine 1 Btc ?
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Depends on the miners you posses and hiw mang of them you have , blocksizes , difficulty , etc
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