The Crescent Electric (CESCO) study on electricity supply reveals that the state of Louisiana is The cheapest state in the United States for the exploitation of Bitcoin

Digital According to the latest CESCO study on the cost of cryptocurrency extraction across the United States , it is currently cheaper to operate Bitcoin in Louisiana – electricity costs at 9.87 cents per watt make that the average cost of extracting a bitcoin is $ 3224

This is much cheaper than the current price of bitcoin, which is currently trading at around $ 12,000 per piece.

<img alt=" The cost of 1 bitcoin mine in the United States "src =" http://cointelegraph.com/storage/uploads/view/59651912f5349ea79309148184a55789.jpg "title =" The cost of mine 1 bitcoin in the United States "/>

Where else in the United States is it cheap to operate? 459005]

In his study, CESCO also estimated the cost of doing business in the United States. Bitcoin mining according to the watts consumption of the three most popular mining platforms, namely the AntMiner S9, AntMiner S7 and Avalon 6, as well as the average days each platform takes to mine a token. were then multiplied by the average electricity rate in each state.

Aside from Louisiana, the other top five states with the lowest cost at the Bitcoin mine are Idaho ($ 3,289 per token), Washington ($ 3,309), Tennessee ($ 3,443) and Arkansas ($ 3,505)

L & # 39; ude also mentions the most expensive states for the extraction of digital currency. The list of the most expensive states is conducted by Hawaii, which costs an average of $ 9,483 per piece.

The top five states with the highest Bitcoin exploitation rates are Alaska ($ 7,059), Connecticut ($ 6,951), Massachusetts ($ 6,674), and New Hampshire ($ 6,425)

Growing interest in cryptocurrency is accompanied by growing concern about the energy needed for the operation of crypto, namely Bitcoin. Such claims have recently been countered, as evidenced by a report claiming that cryptocurrency extraction in the broader context of energy consumption.