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Tag Archives: HaoBTC

China’s Mining Dominance: Good Or Bad For Bitcoin?

Sep 14, 2016

8BTCNews

In Kongyu, Tibet, hydropower electricity is inexpensive, as are wages. And Chinese entrepreneurs are among the world’s most capable and least risk averse. This combination makes Kongyu in China’s western Sichuan province an ideal place for a bitcoin mining operation, as revealed by a Was...