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Tag Archives: electricity

Electricity Used For Mining in Sichuan to Increase 150% in 2021

Apr 15, 2021

The Chinese province of Sichuan has become a Bitcoin mining hotspot in the past few years. Data gathered from local reports and hash rate trackers have shown that the landlocked southwestern province has the highest concentration of Bitcoin mining firms in the entire world. And while neighbor...

Bitcoin mining now decentralized in China – Chandler Guo

Dec 5, 2016

Olusegun Ogundeji

Speaking on how Bitcoin mining has been evolving in China, a Chinese angel investor in Bitcoin and Ethereum startups has stated that things have changed in the sector in the last one year following the direct involvement of energy companies in the mining process which has decentralized most of...