Compiled list of the most favorable countries for mining

The publication International Business Times has analyzed the profitability of mining in 115 countries and has made a rating, which in the first place was Venezuela - it is there, according to a study of earnings Bitcoins costs less likely.

For the calculation was taken as the average cost of electricity required for the production of Bitcoin. Price took in US dollars, considering the consumption of electricity mayningovymi popular devices - AntMiner S7, S9 and Avalon 6. Comparing provided by the International Energy Agency data, we found out that the earnings of a Bitcoin in Venezuela costs just 531 US dollar.

The lowest prices for electricity among the Asian countries could boast of India, where you can get a Bitcoin, spent 3274 dollars, and China, where the cost of production of the popular "coins" make

3172 dollar.

US rated only 41 seats - here it is necessary to "burn" the light at 4760 dollars. Nearby are Iceland and Sweden, where it is possible to get hold of Bitcoin for 4746 dollars. Good enough, but in the UK, for example, this amount is almost twice as much. Canada, the US's northern neighbor, may save nearly a thousand dollars - there Mining farm spending for 3965 dollars on the production of "cue ball." Less fortunate this regard the Pacific Island States and the Caribbean - here, one Bitcoin namayniv, will have to pay more than ten thousand dollars to local utilities. A leader in the ranking of the most expensive countries for mining, South Korea - where production of one Bitcoin is worth 26 170 dollars.

In Russia, Maina pretty comfortable. At least no worse than in the US and Sweden. According to the estimates, the average price for one Bitcoin mining in the country do not exceed 4,700 dollars, with the current course is not so bad.

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