- 20.01.2020

Cost to mine one bitcoin 2019

Get the tools you need to succeed in the market, with real-time market data, news​, and analysis from MarketWatch — one of the most reputable. Cryptocurrency mining is painstaking, costly and only sporadically , there were around 18 million bitcoins in circulation.1 Aside from the.

Bitcoin Energy Consumption Index

Lately, bitcoin has been everywhere in the news. The cryptocurrency made headlines due to its dramatic rise in value over the past year.

How much does it cost to Mine 1 Bitcoin in 2018?

Even just running one rig can use hundreds or more kWh per month. So how much is that actually costing miners? At Crescent Electric, we decided to find out.

How Much Does It Cost To Mine 1 Bitcoin?

For this study, we wanted to look cost to mine one bitcoin 2019 how much it would cost to mine one bitcoin cost to mine one bitcoin 2019 each state. Then, we put together the numbers on how many days it would take to mine one coin and multiplied it by the power usage.

Go here on the mining difficulty when these numbers were pulled in Decemberthe AntMiner S9 would take The Antminer S7 would take 1, And the Avalon 6 would take 1, We took those numbers, averaged them https://market-id.ru/2019/ethereum-forecast-2019.html, and then multiplied them by the average residential electricity rate in each state, based cost to mine one bitcoin 2019 government data.

Estimated Electricity Cost Of Mining One Bitcoin By Country

Idaho, Washington, Tennessee, and Cost to mine one bitcoin 2019 round out the top five, respectively. Alaska, Connecticut, Massachusetts, and New Hampshire came in as the next four. Cost to mine one bitcoin 2019, rates within states can vary as well.

But, if you have a low rate, there could be some money to be made. Happy mining!

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