0

I live in an area where electricity is really cheap, I'm talking 0.003 USD per kilowatts/hour. I've searched myself around internet apparently it takes 15 000 kilowatts/hour of power to mine a bitcoin, however that information I believe is outdated since hashes have significantly increased from last year and especially since last two weeks, so if someone could do the math I'd appreciate it.

1

The amount of kilowatts needed to mine a bitcoin depend on the hashing your setting(rigs) can produce, so 15 000 kilowatts/hour of power is not a good metric

There is plenty of website that allow you to calcul if it can be profitable to mine bitcoin, based on your settings of 0.003 USD per kilowatts/hour yes it is

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=40&HashingUnit=TH%2Fs&PowerConsumption=1500&CostPerkWh=0.003&MiningPoolFee=1

| improve this answer | |

Not the answer you're looking for? Browse other questions tagged or ask your own question.