Wednesday, 24 January 2018

'Digging' Bitcoin in China remains whether interest rates halved

Bitcoin price has increased 1,400% last year, increasing demand for electricity to dig virtual currency globally. 75% of bitcoin mining concentrated in China - the country with large amount of phone users in the world. Even with the highest electricity price bracket in China, miners can still benefit from Bitcoin, as long as this currency worth more than 6925 USD. Currently, each Bitcoin traded around the landmark than 13,700 USD, down about 29%...