Where you live in the world affects how profitable your Bitcoin mining operation is, according to an analysis of worldwide electric prices by lighting company Elite Fixtures. Bitcoinist reviewed the data and mapped the energy costs for mining 1 BTC across the globe. Electricity = Bitcoin Energy prices around the world vary depending on a range of factors, including government subsidies and access to natural resources. These same factors impact how much it costs to Read More The post Mapped: Cheapest & Most Expensive Countries To Mine Bitcoin appeared first on Bitcoinist.com.



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