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Bitcoin mining looks, on first blush, to be money for nothing. It’s not. It's a false promise.

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Mar 31, 2012· How much will it cost to start up a mining company? Is it worth the time and money? Will it pay off? Value of all equipment ? Start up costs and everything?

construction or acquisition of the mining project, su ch as labour costs of an entity’s own employees (e.g., site workers, in-house architects and surveyors)

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Based on these three examples, we submit that current standards remain non-universal, confusing, and inadequate to determine the real cost of mining gold.

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