- 26.01.2020

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.

How Long Does It Take To Get 1 Bitcoin in 2020?

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

Cost to mine one bitcoin 2019 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 best litecoin mining 2019. For this study, we wanted to look at how much it would cost to mine one bitcoin continue reading each state.

Then, we put together the numbers on how many days it would take to mine one coin and multiplied cost to mine one bitcoin 2019 by the power usage.


Based 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 cost to mine one bitcoin 2019, We took those numbers, averaged cost to mine one bitcoin 2019 together, and then multiplied them by the average residential electricity rate in each state, based on government data.

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

Estimated Electricity Cost Of Mining One Bitcoin By Country

And, 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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