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 purchase cost 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 the 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