Mining fever has swept the world. People buy up video cards and mining farms to start producing Bitcoins and other cryptocurrencies on their own. But the profitability of mining is highly dependent on electricity tariffs.
On the other hand, the most expensive country in the world for mining Bitcoin is South Korea, where it costs a whopping $26,170. That is more than twice the present-day price of a Bitcoin. To compare, mining of 1 Bitcoin will cost $4,675 in Russia.