COST TO MINE one BITCOIN in different COUNTRIES. Least in VENEZUELA $531
NAME OF THE COUNTRY................................ RATE(in USD)
ALBANIA......................................................... 3,894
AMERICAN SAMOA......................................................... 10,706
ARGENTINA.......................................................... 4,560
AUSTRALIA.......................................................... 9,913
BAHRAIN.......................................................... 16,773
BANGLADESH ........................................................... 2,379
BELARUS.......................................................... 2,177
BELGIUM.......................................................... 13,482
BOSNIA AND HERZEGOVINA.......................................................... 4,084
BRAZIL.......................................................... 6,741
BRUNEI......................................................... 4,758
BULGARIA.......................................... 4,362
CAMBODIA......................................................... 8,327
CANADA , ONTARIO......................................................... 3,965
CHILE......................................................... 9,120
CHINA.......................................................... 3,172
COLOMBIA......................................................... 7,157
COOK ISLAND........................................................ 15,861
CROATIA........................................................ 5,551
CURACAO........................................................ 11,896
CYPRUS........................................................ 8,723
DENMARK........................................................ 14,275
EGYPT.................................................................. 3,172
ESTONIA......................................................... 5,551
ETHIOPIA.......................................................... 2,855
FIJI......................................................... 5,155
FINLAND......................................................... 7,122
FRANCE......................................................... 7,930
GEORGIA........................................................ 3,316
GERMANY......................................................... 14,275
GIBRALTAR........................................................ 5,710
GREECE......................................................... 9,120
GUYANA......................................................... 10,627
HONG KONG......................................................... 7,930
HUNGARY.......................................................... 5,365
ICELAND......................................................... 4,746
INDIA........................................................ 3,274
INDONESIA........................................................ 4,329
IRAN....................................................... 3,217
IRAQ....................................................... 6,543
IRELAND....................................................... 11,103
ISREAL....................................................... 6,087
ITALY........................................................ 10,310
JAMAICA....................................................... 7,867
JAPAN....................................................... 8,723
JORDAN....................................................... 9,913
KAZAKHSTAN........................................................ 2,835
KIRIBATI........................................................ 12,966
KOSOVO........................................................ 3,133
KUWAIT......................................................... 1,983
LAOS ........................................................ 4,845
LATVIA....................................................... 7,122
LIECHTENSTEIN...................................................... 8,164
LITHUANIA...................................................... 5,155
LUXEMBOURG...................................................... 7,693
MACEDONIA...................................................... 3,914
MALAYSIA ..................................................... 5,147
MALTA..................................................... 6,079
MARSHALL ISLAND..................................................... 1,4751
MEXICO...................................................... 7,645
MOLDOVA........................................................ 4,651
MONTENEGRO...................................................... 6,384
NETHERLANDS..................................................... 9,449
NEW ZELAND.................................................... 7,593
NICARAGUA.................................................... 8,613
NIGERIA ..................................................... 5,321
NIUE..................................................... 17,566
NORWAY..................................................... 7,784
PAKISTAN ..................................................... 7,137
PALAU..................................................... 9,053
PAPUA NEW GUINEA ..................................................... 9.913
PARAGUAY................................................... 3,140
PERU................................................... 4,140
PHILIPPINES.................................................. 7,137
SLOKAVIA................................................... 4,746
SLOVENIA.................................................. 7,645
SOLOMON ISLAND.................................................. 16,209
SOUTH AFRICA................................................. 5,948
SOUTH KOREA................................................. 26,170
SPAIN................................................... 11,103
SRI LANKA.................................................. 11,630
SURINAM................................................. 2,956
SWEDEN................................................. 4,746
SWITZERLAND................................................. 7,494
TAHITI................................................. 11,103
TAIWAN................................................ 3,774
THAILAND................................................. 4,943
TONGA................................................ 14,671
TRINIDAD AND TOBAGO................................................ 1,190
TURKEY................................................. 4,984
TURKS AND CAICOS ISLANDS................................................. 14,033
TUVALU................................................. 14,493
UGANDA................................................. 7,637
UKRAINE................................................. 1,852
UNITED ARAB EMIRATES................................................ 3,569
UNITED KINGDOM................................................ 8,402
UNITED STATES................................................ 4,758
URUGUAY................................................ 8,723
UZBEKISTAN............................................... 1,788
VANUATU............................................... 13,085
VENEZUELA............................................... 531
VIETNAM.............................................. 4,717
WESTERN SAMOA.............................................. 12,689
ZAMBIA............................................... 3,569
Why there are so much difference in mining pricing?
I don't understand this too much difference. If you know and explain it will be more helpful.
Thanks in advance @pandey666.
@veganomics mining price mainly depends upon electricity cost economics and government policies for crypto assets. If in any country cost of coal and electricity is less and government is positive for crypto asset then mining cost will be less.