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2023-10-16 13:16:24 UTC
in reply to

Herr Urlaub⚡💜 on Nostr: Germany in 3rd place is a surprise for me, given the high energy price of 48,12 ...

Germany in 3rd place is a surprise for me, given the high energy price of 48,12 €Cent/kWh (Status March 2023).

I think, #Bitcoin mining can be profitable with current BTC price below 5,0 €Cent/kWh costs of energy?

Of course, Bitcoin mining is still economically possible even with such high energy prices when stranded energy is used and/or excess heat generated by Bitcoin mining is required for heating needs.

I doubt, that mining in Germany is that advanced already?