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20 sats \ 5 replies \ @Undisciplined 14 Nov \ on: The Daily Zap — Latest News and Updates alter_native
American Bitcoin miners are going to have to seriously ramp up production if all the remaining blocks are going to be mined in the US.
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21 sats \ 4 replies \ @Coinsreporter OP 14 Nov
Yes, I agree. Are electricity rates so low in USA that big mining firms are hoarding there?
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20 sats \ 3 replies \ @Undisciplined 14 Nov
I wouldn't think so, at least not compared to countries with highly subsidized electricity prices.
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34 sats \ 2 replies \ @Coinsreporter OP 14 Nov
Ok. Let's compare from my place. We dont get subsidy here. The price for 1 unit of electricity is about $0.12.
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20 sats \ 1 reply \ @Undisciplined 14 Nov
That's in the same ballpark as here. I don't have a good sense of the regional variation, though.
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0 sats \ 0 replies \ @Coinsreporter OP 14 Nov
Thanks. Good to know. At least something's in the same ballpark. There are also regional variations here but very minor.
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