New Jersey-based electric supply company Elite Fixtures has published a very interesting piece of research – a list of the price of mining one bitcoin in 114 different countries.
The research is a follow-up to a comprehensive study of Bitcoin mining costs in each state of the US, as published by Crescent Electric, the parent company of Elite Fixtures.
Bitcoin mining requires serious amounts of electricity – worldwide, the industry’s energy needs are equal to almost 10 percent of the electricity consumed by ... (read more)