3 Cents per kWh - Central Asia´s Cheap Electricity Entices Chinese Bitcoin Miners
(WorldNews Asia)

As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable electric prices ($0.006 per kilowatt-hour) in the oil-rich nation, but now Chinese miners are finding it easier to migrate to Central Asia for $0.03 per kWh in certain countries. Also Read: Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners Chinese Miners Consider Moving Older Units and Operations to Central Asia Regional reports have disclosed that Chinese bitcoin miners have...