Cryptocurrency Q&A
How much is the extraction of a bitcoin block?
How much is the extraction of a bitcoin block?
Sebastiano
Tue Dec 24 2024
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7 answers
1919
I'm curious about the cost involved in the extraction of a Bitcoin block. Could someone please tell me how much it typically costs to extract a bitcoin block?
7 answers
Maria
Thu Dec 26 2024
Alternatively, if the electricity cost is 4.7 cents per kWh, the expense drops to $5,170,001.
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SsangyongSpiritedStrength
Thu Dec 26 2024
The process of mining a Bitcoin hinges on the energy consumption rate measured in kWh.
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HallyuHero
Thu Dec 26 2024
The cost associated with extracting a single Bitcoin varies significantly based on the electricity price per kWh.
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CryptoTamer
Thu Dec 26 2024
At a rate of 10 cents per kWh, the total expenditure for mining one Bitcoin amounts to an astonishing $11,000,001.
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SamuraiCourage
Wed Dec 25 2024
These figures illustrate the considerable financial investment required in Bitcoin mining.
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