Quote from: Eco_Mena on April 22, 2019, 01:33:13 PM

Quote from: borisenkoa420 on April 22, 2019, 12:38:05 PM

Quote from: derekeaton on April 22, 2019, 10:58:25 AM

Quote from: borisenkoa420 on April 22, 2019, 10:40:49 AM

China has long been engaged in mining and its unlikely to succeed in pushing its positions from the market, even if they begin to ban traditional sources of energy for this. Is Kazakhstan so low in electricity prices that Facite really hopes to become competitors of Chinese miners?

Excluding Kazakhstan, the eleven countries (among them are developed countries like China, USA, Singapore, Japan South Korea, etc) mentioned above had an average mining cost of $9,355 for 1BTC. However, Kazakhstan recorded $2,835, the lowest among all.

Then it is surprising that investors from the USA, China do not go there in droves, but only Korean partners are interested in the project implementation.

I understand that only in 2017 they decided to use their solar power station for mining, and were looking for partners for initial capital.

That's right. The decision to partner with KHAN 21 HOLDING was made in October 2018. The company implements the project for Targar's 60MW Solar photovoltaic power station and 18 MW hydroelectric power plant business.