Post
Topic
Board Bitcoin Discussion
Re: Mining pools shut down in China with no clear reasons
by
Kakmakr
on 02/06/2017, 06:04:08 UTC
I think they might have some issues with wet coal in the wet season too, because most of these coal are stored in the open and in the dry season the coal is dry and more efficient. Wet coal being less efficient will increase electricity prices in the wet season, so these miners might be going north to operate in an environment where there are no seasonal influences in the electricity prices.

It is all about efficiency, because cheaper electricity = more profits. ^smile^