Saturday 23 July 2016

While Washington State hiked the rate for Bitcoin mining...


This is what happened in China: http://bit.ly/2akVomX: On the day of Bitcoin halving, a meetup between electcrity suppliers and miners, organized by Bitmain, took place in Chengdu. Government representatives from Wuyuan in Inner Mongolia, Baoshan in Yunnan, and Aba in Sichuan attended and enthusiastically recommend cheap local electricity resource(sig), priced at about CNY 0.26/kWh, to the miners. The attendance of miners, both old and new, is unexpectedly high. via /r/Bitcoin http://bit.ly/2amzigE

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