Cheapest Countries
Cheapest countries for mining cost (1 BTC)
50 countries ranked by the price of mining cost, every price converted to Bitcoin satoshis. Lower is cheaper.
Nigeria is the cheapest place for mining cost at 446.2k sats — versus Greece at 89.27M sats.
Full ranking
sats · cheapest firstFAQ
Which country is cheapest for mining cost?⌄
Nigeria is the cheapest country for mining cost (1 BTC) in our data, at about 446,175 sats. We rank 50 countries by the same item, all priced in Bitcoin satoshis.
Where is mining cost most expensive?⌄
Greece is the most expensive at roughly 89,274,635 sats — about 200.1× the price in Nigeria.
Why are prices shown in sats?⌄
Pricing in Bitcoin satoshis removes local-currency inflation and exchange-rate noise, so the same unit (one sat) compares purchasing power directly across every country in the ranking.
How often is this updated?⌄
Prices refresh regularly as new data arrives, and the Bitcoin conversion rate updates frequently. Local prices can still vary by city and season.