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Tag Archives: Mining

Can $0.01 Electricity Save Crypto Miners in Sichuan?

Feb 12, 2019

ChloeJiang

Although the environment for crypto mining business is incredibly harsh at present, ambitious miners are eager for action under the dual enticement of the dumping price of mining device and the extreme cheap electricity in Sichuan as the wet season is upcoming. As the mining hub in China, Si...

Chinese Miner Dealers Star the ‘Dumping War’ for Self-defense

Dec 13, 2018

ChloeJiang

As Bitcoin and most of the other cryptocurrencies have dropped to a point where it’s hard for miners to make a profit through mining, a severe decline in demand occurs that accelerates cooling down of the mining machine market. In Huaqiang North Commercial Area (HNCA), the world’s la...