Very well .
I searched the net and found this link :
https://www.globalpetrolprices.com/electricity_prices/So we can continue the calculation from this point
The total daily power consumption due to your calculation is about 270 Gw per day Or about 11.22Gw per hour .
Total bitcoin production for each hour can calculate : 6 * 12.5 = 75 BTC (Before halving) .
The average electricity cost between the most important countries can calculate like this :
(Related to their contribution in minning)
This link :
https://www.buybitcoinworldwide.com/mining/pools/ contribution among minning pools :
China - 81%
Czech Republic - 10%
Iceland - 2%
Japan - 2%
Georgia - 2%
Russia - 1%
Electricity prices for business :(USD / KWh)
China = 0.09
Czech Republic = 0.08
Iceland = 0.06
Japan = 0.21
Georgia = 0.05
Russia = 0.08
Average price (calculated base on above) : 0.0899 USD/KWh
Total power consumption prices (per hour) :
11.22 * 10**9 * 0.0899 / 1000 = 1,008,678 USD for total 75 bitcoin (in an hour)
Finally the estimate product cost can be :
1,008,678 / 75 = 13,449 USD per Bitcoin !!
So the production cost for each Bitcoin is 13,449 USD .
Is this possible ?
May be I made a mistake .
Any Idea ?