Enter the total number of bitcoins purchased and the total cost into the calculator to determine the cost per bitcoin.

Cost Per Bitcoin Formula

The following equation is used to calculate the Cost Per Bitcoin.

CPB = TC / #B

  • Where CPB is the cost per bitcoin ($/bitcoin)
  • TC is the total cost ($)
  • #B is the number of bitcoins purchased

To calculate the cost per bitcoin, divide the cost of the purchase by the number of bitcoins received.

What is the Cost Per Bitcoin?

Definition:

The average cost of a Bitcoin varies with time, just like any other asset. The price of Bitcoin can swing thousands of dollars in an hour.

How to Calculate Cost Per Bitcoin?

Example Problem:

The following example outlines the steps and information needed to calculate Cost Per Bitcoin.

First, determine the cost of the purchase. In this case, the purchase was $15,000.00.

Next, determine the number of Bitcoins received. For this example, this purchase yields .45671 Bitcoins.

Finally, calculate the cost per bitcoin using the formula above:

CPB = TC / #B

CPB = $15,000.00 / .45671

CPB = $32,843 / Bitcoin