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⛏️ Mining Cost in Nigeria

Priced in Bitcoin satoshis · 1 BTC

Today, in sats

426.2k

sats / 1 BTC

Today, in USD

$338.00

per 1 BTC

Priced in sats over time

⛏️ Mining Cost in Nigeria, in sats vs fiat

How mining cost (1 BTC) has moved when you price it in Bitcoin satoshis. As BTC's purchasing power rose, the same item cost fewer sats — but more sats through every BTC drawdown. Both are shown.

Unit

Then vs now — mining cost in Nigeria, from 2016-09-11 to today

Cost then

54.37M sats

Cost now

430.8k sats

Change in sats

-99.2%

BTC vs then

+12520%

Cheaper in sats today than at the start of this window — Bitcoin gained purchasing power faster than local prices rose.

Mining Cost (1 BTC) in Nigeria, priced in sats

Pure BTC (today's value held constant)

Modelled from today's price ($338.00 / 1 BTC) @ $79,303/BTC. Today's USD value held constant; only BTC's price varies. An order-of-magnitude estimate, not a log of observed receipts.