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Bitcoin is below cost, it is on sale.

Bitcoin Reddit

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It takes 15 miners (239TH/s @ 5,000$ each) one year to mine 1 bitcoin consuming 35,000$ of electricity @ 0.07$/kwh. That is 110,194$/bitcoin.

It takes 38 miners (95TH/s @ 500$ each) one year to mine 1 bitcoin consuming 88500$ of electricity @ 0.07$/kwh. That is 107,377$/bitcoin.

It is on sale now.

submitted by /u/miros2424
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