BitRiver made a forecast of the cost of Bitcoin mining after halving
The CEO and founder of BitRiver, Igor Runets, believes that now the cost of mining one Bitcoin in the Russian Federation is approximately $15,000. According to him, in the United States the price of bitcoin mining averages $23,000. As demand increases and transaction fees increase, the cost of mining in the Russian Federation after halving will reach $24,000, and in the USA - $37,000.
Russian industrial miners have some advantages over Americans, the businessman is sure. The advantages include climatic conditions, a large amount of free capacity, and low prices for electrical energy. To maintain an advantage, you will have to use newer equipment, introduce innovations into production facilities, and invest in personnel.
