This is optimistic for large bitcoin miners in China, especially in Sichuan.
After halving, if BTC remains in $6~$7k, F2Pool co-founder said there is real risk of more mining machines shutting down.
But, he also said cheaper electricity can protect miners, which is happening. https://t.co/HDjYC56BOk
cnLedger [Not giving away ETH] - @cnLedger5 months ago
Mining supported by Chinese local government. Yaan, a city in Sichuan, known for abundant water resources, recently issued a gov advice on construction of hydropower consumption demonstration zone to support blockchain industry development. Source (in CN): https://t.co/jdjLHPKBNFhttps://t.co/0N2viepvAN