#StrategyBTCPurchase A recent CoinGecko study shows that Lebanon is the cheapest country in the world to mine Bitcoin, with an estimated cost of just $266 per BTC based on household electricity rates. This figure stands in stark contrast to the global average of around $46,000, and to countries like Italy where costs exceed $208,000. The disparity is driven by Lebanon’s heavily subsidized electricity prices, which make mining operations unusually affordable compared to most regions.

At current market prices of about $68,000 per Bitcoin, the potential profit margin appears enormous. However, the report notes that Lebanon’s economic instability, unreliable power infrastructure, and currency challenges complicate real‑world mining viability. While the $266 figure is accurate for electricity cost estimates, practical barriers mean the headline profit opportunity is not as straightforward as it seems.

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