The average electricity cost of BTC mining worldwide is $7,295

According to a report by Chain Tower Think Tank, the average electricity cost for mining one Bitcoin is $7,295. South Korea has the highest electricity cost for mining, with the cost of mining one Bitcoin being about $26,200; Venezuela has the lowest cost, with the electricity cost of mining one Bitcoin being only $531; China needs to spend $3,172, which is relatively low in the global mining cost.

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Cryptocurrency

The average electricity cost of BTC mining worldwide is $7,295

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