Post
Topic
Board Mining
Re: Why China shut down mining farm? Carbon Emission.
by
The Pharmacist
on 25/05/2021, 16:17:16 UTC
Quote
Inside China it is mainly distributed: Sichuan, summer from May to October, to use cheap hydro power; winter from October to April , in Inner Mongolia and Xinjiang, use Coal power.
Wow, they actually use coal for power?  I'm no expert on how our electrical grid is powered, but I thought most countries had done away with coal--please correct me if I'm way off base, which is quite possible. 

I don't know what to make of this news either, since I don't really trust information coming out of China.  What I do know is that bitcoin miners aren't likely to give up mining, and if China makes it illegal they'll move their operations to another country where it's still legal to mine.  I know I've written that before, and I believe it was with respect to China as well, so I'm thinking this is probably a bunch of BS.

AT $60k+ BTC I was thinking about putting some S9 units back online.
You have cheap enough electricity where you live?  I thought your state (which I won't disclose) had pretty high utility rates.  Do you still mine bitcoin now and then?