Producing a single bitcoin now costs $4060 on average, but it is valued at less than $3500, according to an analysis by JPMorgan Chase… However, this will probably cause people to stop mining, making it easier and economically viable again.

Producing a single bitcoin now costs $  4060 on average, but it is valued at less than $  3500, according to an analysis by JPMorgan Chase... However, this will probably cause people to stop mining, making it easier and economically viable again. submitted by /u/Ta-me-Murchu
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Bitcoin – The Currency of the Internet

Tesla Starts Selling the Cheaper Model 3 in China [But Import Duty and Other Costs Still Makes it Expensive]

Tesla has begun taking orders for a cheaper version of the Model 3 in China. The electric car maker will now start selling the Model 3 Long-Range rear-wheel drive version marked at $ 64,400, Reuters reports. This is significantly cheaper than the Model 3 Performance which was already available in China starting at $ 83,000. In the United States, the same car starts at about $ 63,000. Import Duty Comprises a Big Chunk of the Cost of a Tesla in China Part of the reason for the difference in price is the import duty imposed by China on cars manufactured abroad. After the U.S.-China

Tesla Starts Selling the Cheaper Model 3 in China [But Import Duty and Other Costs Still Makes it Expensive] by CCN

News – CCN

Chatting to a taxi driver last night who tells me he has to pay £120 per week to be able to take card payments in his taxi. We then had to spend a couple of minutes manually typing the numbers into the machine. If only there were a quicker means of payment with lower costs of transacting 🤔

submitted by /u/everyonesastudent
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Bitcoin – The Currency of the Internet

From start to finish, Bitcoin payment is solid and irreversible; your business has no further worries as to chargebacks or fees imposed at random. There are no membership or month to month expenses, reducing business costs, thereby increasing profit margins.

From start to finish, Bitcoin payment is solid and irreversible; your business has no further worries as to chargebacks or fees imposed at random. There are no membership or month to month expenses, reducing business costs, thereby increasing profit margins. submitted by /u/njscoro1
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Bitcoin – The Currency of the Internet

So far I’ve made 42 transactions on Lightning Network, and it has cost me 600 sat (channel open) and about 120 sat in routing fees. total of 720 sat, or 4.9 cents. Virtually no other alt-coin can compete with these costs.

So far I've made 42 transactions on Lightning Network, and it has cost me 600 sat (channel open) and about 120 sat in routing fees. total of 720 sat, or 4.9 cents. Virtually no other alt-coin can compete with these costs. submitted by /u/Legitinternetguy
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Bitcoin – The Currency of the Internet