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Which country has the cheapest electricity for mining Bitcoins?

Posted: Wed Aug 23, 2017 5:31 am
by janes
Which country has the cheapest electricity for mining Bitcoins?

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Wed Aug 23, 2017 8:05 am
by leo1
China has nearly 80% of Bitcoin mining rigs. The reason is, electricity is inexpensive here as compare to the other countries.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Wed Sep 06, 2017 6:28 am
by hendo
China is the one and only country that has the cheapest electricity for mining bitcoins having 80% of Bitcoin mining rigs.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Sep 08, 2017 7:39 am
by Ortiz
China I guess.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:13 am
by pasture
China mines the most of the bitcoins.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:13 am
by katharine
china has the cheapest electricity.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:14 am
by leo
China and US.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:14 am
by katie
Georgia has most miners… BitFury company in Georgia, is the largest company playing role in minning segments, so I guess Georgia would have cheapest electricity for mining bitcoins as well.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:15 am
by jackzoe
Venezuela has cheap rates as well but there is no proper bitcoin mining setup.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:15 am
by william
the answer to your que is China.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:16 am
by janes
china and Venezuela.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:17 am
by max
the cost doesn't depends on a country but on which area you are mining, at some places like plants of dif things are working with free electricity cost while other areas are paying heavy bills.

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:17 am
by mason
China has cheap rates !

Re: Which country has the cheapest electricity for mining Bitcoins?

Posted: Fri Oct 13, 2017 10:17 am
by bobby
I guess both China and US.