to produce one btc requires 20 GWH. this is more than 3x the demand of the state of massachusetts at 6 GWH, all this to produce $54K. The costs of this 20 GWH is (assuming 20cents/kwh) is $4,000,000 https://www.thebalance.com/how-much-power-does-the-bitcoin-network-use-391280 https://www.energy.gov/sites/prod/files/2015/06/f22/MA_Energy%20Sector%20Risk%20Profile.pdf Annual Energy Consumption Electric Power: 55.3 TWh (1% total U.S.) 120 gigawatts entire BTC network 72,000 GW for one BTC 72,000 GW / 3600s = 20 GWh For Massachusetts 55,3000 GWh / (24 x 365 h) = 6.3 GWh or less than 1/3 of BTC mining Assume 20 cents/KWh electric rate 20,000,000 KWh x $0.20 = $4,000,000 cost of electricity to mine one BTC 1 BTC is now at $55k Whether one decides to buy bitcoin now or $4M is the real question.