Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
smooth
on 19/05/2015, 23:58:51 UTC
Also I have never seen anyone in the Philippines use a heating device for anything but cooking.

Electric water heating has a significant market share world wide, roughly 40%. Obviously there are other such devices, and markets vary. I guess the Philippines won't be hotbed of Bitcoin mining (that makes logical sense given the waste heat issue, conceivably PV might change that at some point).