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7 EXPENSIVE Lessons I Learned Building a Bitcoin Mining Farm...39 countries have estimated electricity mining costs below the current price of one Bitcoin ($11,). Electricity cost per Bitcoin = Time required to mine one Bitcoin * Energy consumption * Cost = ~ years * days * 24 hours * 3, W * $ / 1, = ~$. But ASIC miners are by no means cheap. Prices can range from the high hundreds to tens of thousands, depending on the make, model, and condition.