TheBitcoinManual on Nostr: According to an analysis by CoinGecko, the most profitable countries to mine #Bitcoin ...

According to an analysis by CoinGecko, the most profitable countries to mine #Bitcoin based on energy costs are:

1 - Lebanon - $266.02
2 - Iran - $532.04
3 - Syria - $1330.1
4 - Ethiopia - $1596.12
5 - Sudan - $2128.17
6- Libya - $2660.21
7 - Kyrgyzstan - $2660.21
8 - Angola - $3724.29
9 - Zimbabwe - $3990.31
10 - Bhutan - $4256.33

If any plebs in these countries can confirm, that would be great, are your electricity costs really that low?



https://www.coingecko.com/research/publications/bitcoin-mining-cost