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> Electricity in the US is expensive It seems very cheap compared to most of Europe though?

• throwaway81523 3y ago
  I was thinking China. That's where most bitcoin is mined.
  • Sargos 3y ago
    The USA is actually the biggest Bitcoin mining nation [https://www.techopedia.com/bitcoin-mining-and-energy-statistics#:~:text=The%20US%20is%20the%20largest,global%20Bitcoin%20network's%20hash%20rate https://www.techopedia.com/bitcoin-mining-and-energy-statist....] China banned Bitcoin mining years ago which caused miners to flee to other parts of the globe. Texas is the current powerhouse.
    • DANmode 3y ago
      Connected miners remain in China.
    • not_really 3y ago
      Fake news. Bitcoin is not banned in China, and yet China has "banned" Bitcoin at least a dozen times since its inception.