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TOP-15 COUNTRIES FOR MINING

04-07-2018

Recently, the well-known company Elite Fixtures have tested the cost of electricity in various countries around the world and based on productivity of ASICs Avalon 9, AntMiner S7, AntMiner S9 calculate the cost of producing bitcoin in more than 100 countries. To your attention Top-15 countries with the cheapest bitcoin mining.

Venezuela $ 531
Trinidad and Tobago $ 1190
Uzbekistan $ 1788
Ukraine $ 1852
Kuwait $ 1983
Belarus $ 2177
Bangladesh $ 2379
Kazakhstan $ 2835
Ethiopia $ 2855
Suriname $ 2956
Serbia - $ 3133
Paraguay - $ 3140
China, Egypt - $ 3,172
Iran - $ 3,217
Georgia - $ 3316

However, when choosing a country for earning with the help of mining, remember that in different countries - different tax and legal regulation of this type of earnings. Unfortunately, Elite Fixture’s study did not take into account these aspects.And also it is worth remembering the risks that are present in certain countries (for example, the high crime rate in Venezuela or the conservative mentality of the inhabitants of Kuwait and Iran).

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