Bitcoin Can Drop 50% and China Miners Will Still Make Money – Bloomberg


Bloomberg
Bitcoin Can Drop 50% and China Miners Will Still Make Money
Bloomberg
Electricity demand for bitcoin mining rose to about 20.5 terawatt-hours a year by the end of 2017, according to BNEF. That equates to more than half the 38 terawatt-hours of electricity used annually by the world's biggest miner, BHP Billiton Ltd
Not All Doom and Gloom for Chinese Bitcoin MinersCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
China moves to shutter bitcoin minesFinancial Times
Bitcoin mining so lucrative producers will STILL profit if price cuts in halfExpress.co.uk

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bitcoin – Google News


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