Post
Topic
Board Press
Re: [2017-08-09] Russia Squares Off with China in Battle for Bitcoin Mining Supremac
by
IdVerification
on 11/08/2017, 03:33:52 UTC
Perhaps Russian leadership would view Bitcoin mining operations as a way to create additional 'natural' resources for their country. It appears that the cost of electricity in Russia is not quite as low as China but still inexpensive. https://www.ovoenergy.com/guides/energy-guides/average-electricity-prices-kwh.html A Bitcoin mining operation in northern Russia would provide significant cooling benefits as well.