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Hello
I am going to travel to China and I am evaluating the possibility of buying equipment and installing a mining farm there with a partner from that country. One of the things that favors my decision is how cheap energy is in China, especially hydroelectric. I wanted to know what recommendation you have about which place is best to install a mining farm there.
Thanks
I am going to travel to China and I am evaluating the possibility of buying equipment and installing a mining farm there with a partner from that country. One of the things that favors my decision is how cheap energy is in China, especially hydroelectric. I wanted to know what recommendation you have about which place is best to install a mining farm there.
Thanks
Hey I am from Hong Kong and had been doing business in China for many years.
As far as I know that China government have not banned mining activities yet, they just banned the bitcoin trading and some of the shitcoin trading activities, as many financial companies in china used Bitcoin to conduct illegal and do fund raising.
Electricity price in different province is different, the price is expensive in Beijing, Shanghai, Shenzhen and Guangzhou those 1-tier cities, but it is cheap in 3-tier cities in northern part of China as the temperature is much lower. The environment of the 3-tier cities are much better now and I think you can think about doing the mining farm there. You can now reach those 3rd-tier cities in 1 hours by high-speed train.
Let's have more discuss on it (PM me). I am looking for opportunity to build a mining farm in China as well.
Regards,
E11
