Tag: Cheap

Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power

Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power Over the last six months, reports of Chinese miners crossing the border to obtain cheap electricity from regions like Vietnam, Cambodia, Thailand, and Iran have abounded. According to a recent interview, Chinese miners have found extremely affordable electric prices ($ 0.006 […]

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a […]

Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit

Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in other regions […]