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| Cost Element | Average Cost (USD) |
|---|---|
| Hardware | $2,500 $10,000 |
| Electricity | $0.03 $0.12 per kWh |
| Maintenance | $100 $500 per month |
| Cooling | $50 $200 per month |
| Other Expenses | Variable |
Bitcoin mining involves various costs, including hardware, electricity, maintenance, cooling, and other miscellaneous expenses. The average costs for each element are outlined in the table above. It's important for miners to carefully consider these costs and factor them into their mining operations to ensure profitability.
