According to CoinGecko's August 17 analysis, electricity costs for mining a Bitcoin (BTC) vary widely around the world. As an independent miner, an average of 266,000 kilowatt-hours (kWh) of power is consumed to mine one Bitcoin, and this process equates to approximately seven years. Based on average household electricity rates, mining one BTC costs $46,291, which is 35% more than Bitcoin's normal daily price. Electricity costs vary by country and region.

According to Coingecko, mining Bitcoin alone is profitable in only 65 countries. These countries are generally located in Asia and Africa, regions known for relatively cheaper electricity. The research also notes that 9 countries have completely banned cryptocurrency-related activities and 42 countries have imposed indirect regulations.

The countries with the highest electricity costs to produce BTC are Italy, Austria, Belgium, Denmark, Germany, Ireland, Lithuania, the Netherlands, the United Kingdom and the Cayman Islands. In contrast, the countries with minimum electricity costs for Bitcoin mining are Lebanon, Iran, Syria, Ethiopia, Sudan, Libya, Kyrgyzstan, Angola, Zimbabwe and Bhutan.

Binance CEO Changpeng Zhao reacted to this list of countries, saying, “Why not?” he wrote. The electricity cost of producing one BTC in Turkey is approximately $22,000. According to CoinGecko's data, this cost for the United States is around $46,280.

READ IT URGENTLY, MY FRIENDS. PLEASE EVALUATE WHAT I WRITE TO EARN EXCELLENT MONEY WITH US WITH THE CORRECT TRANSACTION - CORRECT EARNING SYSTEM FROM LEVERAGED TRANSACTIONS.

I would like to give good news to our friends who have not opened leveraged transactions, that is, who have not yet opened transactions in futures transactions; You can later add our reference code when opening futures transactions and benefit from incredible commissions. Using our reference code when activating the futures section will give you the opportunity to open a transaction with us.

Now, let me first explain how you can add a reference code to your existing Binance account. Then I will move on to what kind of system we make money with.

Our friends who have not activated the futures section yet, when activating your FUTURES transaction section, you will first gain a commission discount when you open it by entering my reference code 88623008.

If the FUTURES section does not appear in your application, click on the man tab on the top left and put the Binance Pro section in yellow tick and the futures section will open. Enter the futures section and it will ask for a reference code. Open your account by entering my reference code 88623008. Afterwards, you will activate your futures section by going through the required tabs. Now, what we will do from now on is to earn good money by opening our transactions. Meanwhile, futures are risky. It poses a risk and you should learn every part of it clearly. Let me continue.

My dear friends, there is a system that allows you to make correct profits by starting with the motto RIGHT TRANSACTION - RIGHT EARNINGS. We run this system almost perfectly. We became thousands of people. Most importantly, we make great profits for free by following the rules, being patient and watching.

I especially have to say this; I LOST A LOT OF MONEY IN THIS MARKET. LOSE OR LOSE, I HAVE REACHED THIS HOW TO OPEN THE CORRECT TRANSACTION. Remember this; You cannot be successful in anything you have not experienced. Unfortunately, I learned the greatest experience by losing it. You are lucky. You will learn the system directly without losing it.

This is very important; I AM AN OPEN, TRANSPARENT AND CLEAR PERSON. I tried not to make someone rich, but to create a system that would provide people with CONTINUOUS EARNINGS. Thank God, the system works well. If you have a dream of becoming rich, if you are trying to make millions of dollars, I am not the person who will sell that dream. Sometimes I get 50 dollars a day. If I have to figure this out without taking risks, I'll take my $50 and sit downstairs. I don't take risks. I do not engage in risky transactions. As a result, all you have to do is follow the rules. Our rules are very simple. These rules, which everyone can easily follow, bring us the right income. Sometimes we say "We are content with less" and sometimes we make good profits. Our only right is to achieve profit without taking risks. Now

WHAT ARE THE RULES AND HOW DO THEY WORK?

First of all, we will never open a transaction with all our money. This is a guaranteed rule and if it is violated, you risk losing your money. So why is this necessary? Let me explain it this way: When the transactions we open go wrong, we need to bring our cost closer to that figure by decreasing or increasing the average. In short, Average Correction saves lives. We must leave behind money to correct the average at least 4-5 times.

I have videos about this. I explained how to do it in detail.

Our second rule is that we will not take risks. We will never engage in risky transactions. Risky transactions bring risky losses. If you buy $5,000 once and give $10,000 the next day, there is no point. We will never deviate from the motto RIGHT TRANSACTION - RIGHT EARNING.

Thirdly, we must follow the transactions we open. If you can't, you have to use STOP. So, you should stop the process at the problematic place. Even if you sleep, you will avoid great loss.

Fourth, you should definitely know the mean correction. The average adjustment will be used to get closer to that number no matter where it goes, as long as you leave money behind.

Finally, you should be patient and not panic. As I said, if you are going to make these transactions in this market, you need to be determined and steadfast. You should do these to make money, not to make people rich.

You can also see my transactions on my social media account, which is now open to open a transaction with us. I cannot write openly because it is not appropriate for us to write openly about our social media accounts, according to Binance FEED rules. I would also like to say this; We do not have to open transactions together. You can open the transactions you want, but please do not deviate from these rules that will protect you. As I said, be with people who will benefit you and help you for free.

BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.