๐ก Did you know?
The cost of mining one Bitcoin varies significantly from one country to another ๐
๐ฎ๐น In Italy, the cost reaches about $306,000!
Meanwhile ๐ฎ๐ท in Iran, it does not exceed just $1,300 โก
This means that the Iranian miner can produce Bitcoin at a cost of $1,300 and then sell it at the current price of about $111,000 ๐ฐ
โ A huge difference shows how electricity prices impact the mining industry globally ๐
๐ These numbers are based on local electricity costs:
Italy is one of the most expensive countries in the world for energy prices ๐ฅ
Iran is one of the cheapest globally โก
