Electrical Costs

Cash Runs Dry at ATMs as Protests Escalate in Chile

<header class=”article__header”> </header> <strong>There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs. Issues with the bank machines that don’t work …

Cash Runs Dry at ATMs as Protests Escalate in Chile Read More »

Chinese Bitcoin Miners Migrate North After Wet Season

</header> <strong>A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan.</strong> Also read: RBI Ban …

Chinese Bitcoin Miners Migrate North After Wet Season Read More »

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season

<header class=”article__header”> </header> <strong>Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a large portion of SHA-256 hashrate have been recently setting up shop in Sichuan. During …

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season Read More »