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Photo by Pierre Borthiry from Unsplash
Singapore ranks 9th most crypto-friendly country in the world
It costs $107,415 to mine one bitcoin in Singapore.
Singapore ranked 9th amongst the world’s most crypto-friendly countries, with a score of 67.47 out of 100.
In Singapore, 11.1% of the population holds crypto assets despite the 61.3% gap in the cost and profit of mining one bitcoin.
Despite the $107,415 cost of mining one bitcoin, earnings amount to only $41,507.
Singapore also recorded the highest search volume, with 1,750.2 searches per 100,000.
Argentina topped the list with a score of 74.49, followed by the United States (73.52), Columbia 72.89), Ukraine (72.77), and UAE (70.76).
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