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The U.S. and China Account for Half the World’s Household Wealth

The U.S. and China Account for Half the World’s Household Wealth

Measures like GDP are commonly used to understand the overall wealth and size of the economy. While looking at economic output on an annual basis is useful, there are other metrics to consider when evaluating the wealth of a nation.

Household wealth statistics reveal which country’s citizens are accruing the highest level of money and assets worldwide.

The Cost of Mining Bitcoin in 198 Different Countries

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Cost of Mining Bitcoin in 198 Different Countries

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It takes an estimated 1,449 kilowatt hours (kWh) of energy to mine a single bitcoin. That’s the same amount of energy an average U.S. household consumes in approximately 13 years.

Given the high amount of energy needed to mine bitcoin, it can be a costly venture to get into. But exact prices fluctuate, depending on the location and the cost of electricity in the area.

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