We have -28ºC soon coming. Yay! THE WINTER is coming. Not in Spain... but north Europe. Government will approve income tax deductions of all your costs related to mining if you declare your earnings taxes from mining, you may deduct your costs. So even if we pay 0.08€ from electricity government allows you to declare that cost as income tax deductions as like it being business. Private person may deducts direct costs related to mining including hardware costs 100% and proven power costs 100% related to mining. So in the end you may deduct enough taxes for it to be wayyyyyyy profitable to mine rigs of already paid 1070 TI at 110w power. Lesson learned world is not fair where you may consider it to be unfair and unprofitable there will be places with subsidies to make it profitable. In the world of total freedom like crypto currencies things like *China* effect of not paying the fair share of costs will happen and inevitably you cannot compete with total freedom. You will lose.

Making statement mining is dying is not true. It's just mining farms with absurd level of profits will make it trough hard times. It's free economy.. it's Internet.