Post
Topic
Board Tokens (Altcoins)
Re: [ANN][IEO] FACITE - Blockchain Business Model In Kazakhstan
by
borisenkoa420
on 22/04/2019, 12:38:05 UTC
China has long been engaged in mining and it’s 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.