The cost of mining 1 BTC may differ by more than $200'000, depending on which country it is mined in.
![](data:image/svg+xml;utf-8,<svg xmlns="http://www.w3.org/2000/svg" width="720" height="750" />)
For example, in Venezuela, the cost of mining 1 BTC is $246'530.74, which is absolutely unprofitable today. But in Kuwait, due to the cost of electricity, the extraction of 1 BTC costs only $1393.95, this is the minimum in the world.
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