As you may know, miners compete to mine Bitcoin to make a return on their investments. It is always better when you can be in a place where the electricity is cheaper.
The most expensive place to mine Bitcoin: South Korea
The less expensive place to mine Bitcoin: Venezuela
The complete story:
Source: http://bitcoinist.com/mapped-cheapest-expensive-countries-mine-bitcoin-electricity-cost/
Check out my previous posts on my crypto blog
- The Ultimate Airdrop Guide For Collecting Free Coins - https://chesatochi.com/ultimate-airdrop-guide-collecting-free-coins/
- Tokenization and Attention Economy Give Power Back - https://chesatochi.com/tokenization-attention-economy-give-power-back/
- Earn.com Review – the Emails Provider that Pays you in Crypto - https://chesatochi.com/earn-com-review-emails/
- Bloodbath versus 3 Crypto Strategies - https://chesatochi.com/bloodbath-versus-3-crypto-strategies/
- The Transition to a Crypto World and the Way your Perceive Value - https://chesatochi.com/transition-fiat-crypto-world/
- Decentralized Infrastructures Coins and Their Mysterious Power - https://chesatochi.com/decentralized-infrastructures-coins-mysterious-power/
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I move to Venezuela instantly 😅👍🌴🌴
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You have a chance the police stole your mining equipment :(
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Selamat bergabung di steemit Gea saya menanti postingan mu
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Dengan senang hati @Ariefseregar
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Iya 😊terimakasih yg terhormat # @chesatochi . Kami sangat berharap ke hadiran anda di setiap postingan kami terimakasih. Salam kenal🙏
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Terimakasih kasih yang terhormat # @chesatochi .kami sangat mengharap ke hadiran anda di setiap postingan kami.salam perkenalan🙏
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mining in the crypto space is something that gives us a bad name. i would really like for most/all coins to go over to a POS system or something similar.
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Ethereum will aim to switch to a POS with the Casper codename.
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