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The cost of mining Cryptocurrency in China stood at 6,925 dollars per 1 BTC.

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Mining market Cryptocurrency Popular in China Because electricity is cheap Despite pressure from the Chinese authorities to close the mine by several measures. This includes the cost of electricity.

Bloomberg try to assess the cost of electricity in China, the breakeven point of digging at him. And found that the cost of mining at 6,925 dollars per BTC, which is lower than the current price of Bitcoin. That means that as long as the price of Bitcoin is also a good of this. The mine was always profitable.



Approximately 3/4 of Cryptocurrency mines are in China. Power to dig around the world in the year 2017 is Bitcoin at 20.5 Terra watt - hour The section in China is used to 15.4 Terra watt - hour.

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