ZyCrypto
2020-08-29 13:41:27

Bitcoin Bound to React to Raised Electricity Costs in Inner Mongolia’s Crypto Mining Farms

Former Head of Inner Mongolia Electric Power Company was allegedly investigated by Chinese Authorities, following a recent disclosure that Inner Mongolia had suspended subsidized electricity costs for 21 out of 30 Bitcoin mining farms. The mining farms will now have to pay 30% higher electricity costs, making Inner Mongolia the most expensive region in China […]

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