This is what I received in morning from a mining company which i signed up for recently.
"Bitcoin has had a surprise of volatility in the last month, rising from $600 USD to $1150 USD and hovering around $900 USD lately. This price rise has helped increase mining returns and
lower electricity/maintenance fees. The price rose due to a variety of factors, including India outlawing paper currency, Trump becoming president, and Chinese regulators clamping down on some of the speculation coming out of Chinese exchanges. Here's hoping to a continued rise in 2017 and an acceptance of Bitcoin by the PBOC.
If you are looking for the world's best mousepad, you can buy one using Bitcoin at - dot com.
Until next time...happy mining,
-The - Team"
If this is true then China would be the best place to be mining. And it shows when they can justify building stadium sized mining compounds just to benefit from those electricity costs.