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/r/crypto The Cheapest (and Best) Places for Bitcoin Mining - cryptobot View New | View Hot

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Tags Used: Samara Malkin, trending, prconnect, Mining Venezuela, Mining Russia, Mining Iceland, Mining Canada

Mining Bitcoin

Where are the cheapest and best places for Bitcoin mining?


Bitcoin mining takes energy – and lots of it – so it’s not the cheapest past time. Dedicated Bitcoin mining machines require a cold climate, low-cost electricity, and high-speed internet for optimal results.


Here’s a list of some of the most popular places for Bitcoin mining right now.


Iceland

Iceland has been growing in popularity as of late. Iceland meets all the requirements for Bitcoin mining: cool temperatures, low-cost energy, and high-speed internet. The country has an abundance of geothermal energy that ...








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Posted 3 months ago