Which country has the cheapest electricity for mining Bitcoins?

janes
Posts: 98
Joined: Tue Aug 22, 2017 12:53 pm

Which country has the cheapest electricity for mining Bitcoins?

Wed Aug 23, 2017 5:31 am

Which country has the cheapest electricity for mining Bitcoins?
leo1
Posts: 135
Joined: Wed Apr 19, 2017 7:16 am

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

Wed Aug 23, 2017 8:05 am

China has nearly 80% of Bitcoin mining rigs. The reason is, electricity is inexpensive here as compare to the other countries.
hendo
Posts: 173
Joined: Thu Apr 06, 2017 10:48 am

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

Wed Sep 06, 2017 6:28 am

China is the one and only country that has the cheapest electricity for mining bitcoins having 80% of Bitcoin mining rigs.
Ortiz
Posts: 168
Joined: Fri Apr 07, 2017 11:17 am

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

Fri Sep 08, 2017 7:39 am

China I guess.
pasture
Posts: 138
Joined: Tue Aug 22, 2017 1:03 pm

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

Fri Oct 13, 2017 10:13 am

China mines the most of the bitcoins.
katharine
Posts: 133
Joined: Tue Aug 22, 2017 12:47 pm

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

Fri Oct 13, 2017 10:13 am

china has the cheapest electricity.
leo
Posts: 113
Joined: Tue Aug 22, 2017 12:48 pm

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

Fri Oct 13, 2017 10:14 am

China and US.
katie
Posts: 121
Joined: Tue Aug 22, 2017 12:49 pm

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

Fri Oct 13, 2017 10:14 am

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.
jackzoe
Posts: 98
Joined: Tue Aug 22, 2017 12:50 pm

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

Fri Oct 13, 2017 10:15 am

Venezuela has cheap rates as well but there is no proper bitcoin mining setup.
william
Posts: 131
Joined: Tue Aug 22, 2017 12:51 pm

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

Fri Oct 13, 2017 10:15 am

the answer to your que is China.
janes
Posts: 98
Joined: Tue Aug 22, 2017 12:53 pm

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

Fri Oct 13, 2017 10:16 am

china and Venezuela.
max
Posts: 103
Joined: Tue Aug 22, 2017 12:54 pm

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

Fri Oct 13, 2017 10:17 am

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.
mason
Posts: 107
Joined: Fri Apr 07, 2017 12:53 pm

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

Fri Oct 13, 2017 10:17 am

China has cheap rates !
bobby
Posts: 94
Joined: Tue Aug 22, 2017 12:56 pm

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

Fri Oct 13, 2017 10:17 am

I guess both China and US.

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