Bitcoin Mining Costs Getting Lower and Lower

By March 17, 2015Bitcoin Business

Bitcoin mining  operations have become cheaper these days, as the value of the cryptocurrency has been steadily declining. On Amazon.com, bitcoin mining rigs can be bought for less than $1000 while some startup companies claim that you can be able to run a bitcoin miner for lower electricity costs.

Smaller ASIC bitcoin mining machines of approximately 1000-1115 GH/s cost roughly $500-700 per unit, reflecting how smaller-scale miners can be able to have their own technologies. The […]

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