According to bitcoinist, the Norwegian bitcoin mining company Northern Bitcoin plans to reopen the discontinued Levdal mine, which will reduce the cost of each bitcoin to as low as $2,700. The average mining cost in Norway is now $7,700 per coin, which has exceeded the current price of bitcoin. The country with the highest mining cost is Australia, which is close to $10,000 per coin, and the mining costs in China and Saudi Arabia are close to $3,100 per coin. |
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