Quote from: fortyfoursixteen on October 18, 2016, 02:41:21 PM

Hi there!

We're a video production company in the UK ( http://www.44-16.com ). I'm considering starting up some kind of documentary project about mining, and am doing a bit of preliminary research. How many people do you think take part in mining in the UK? And how many of them are serious investors?

Thanks!

Mining requires cheap electricity. Most large scale mining occurs in areas with surplus hydro electricity. Think western China, Washington state in USA, Georgia or parts of Canada.

Any mining in the UK would be very small scale by hobbyists or people with free electricity (renters of apartments and so on). UK is not likely to be considered by serious mining investors.

For Bitcoin, serious investors are after bulk electricity at under 4 cents per kWh. This normally means near a hydro dam with surplus power.

mwizard

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