Hello there,

Truly a comprehensive post about Bitcoin mining.

However, even at a higher degree of importance than the hardware you get is the electricity rate you’ll be paying. As an example, electricity is usually too expensive in developed nations to mine Bitcoin with competitiveness.

Thus, miners in these countries prefer to mine for altcoins with lower difficulties and with a bigger margin, like Monero.

If you’ve got a good price per KwH, then go ahead and mine as BTC’s price will be pumping in the future.