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/biz/ - Business & Finance

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8775931 No.8775931 [Reply] [Original]

1 TH/s, at the current price (6600$), in BTC, costs 0.000264 $
At Mar 30 2017 the price for one hash was 0.000281$ (@1000$)
On sept 2015 the price was 0.00575$ (@260$)
On the first Jan of 2012 it was 0.50522460411$ (@4.69$)
You can check it yourself here: https://blockchain.info/de/charts/hash-rate?timespan=all

So, seen from the costs of keeping the network alive, bitcoin is getting cheaper, it's in fact the cheapest it has ever been and also the most secure.