# What is the marginal cost of mining Bitcoin, presently? I.e. the total cost of the least...

## Question:

What is the marginal cost of mining Bitcoin, presently? I.e. the total cost of the least efficient miner generating coins. Shouldn't that set the minimum value of BTC?

## Marginal cost

Marginal cost is the cost incurred to produce an additional unit of a good. It changes with the level of production. It is estimated in order to produce equilibrium level of output at least cost. It clearly shows the additional cost on production of item.

## Answer and Explanation: 1

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View this answerThe answer to this is quite simple. The bitcoin extraction is done through a process called bitcoin mining. The miner has to solve the algorithms to...

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Chapter 3 / Lesson 12What is marginal cost? Learn how to calculate marginal cost with the marginal cost formula. See the definition, behavior, and marginal cost examples.

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