How much does it cost to mine 1 Bitcoin?
Could you kindly enlighten me on the expenses involved in mining a single Bitcoin? I've heard varying opinions, but I'm curious to know the approximate cost. Does it depend on the mining equipment used, the electricity rates in my area, or any other factors? Is it a feasible investment considering the current market price of Bitcoin? I'm quite interested in exploring this avenue, but I want to make sure I have all the necessary information before proceeding.