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A comment on Bitcoin mining companies face shutdown in southwest China. Parent comment

Re:Bitcoin mining companies face shutdown in southwest China by pmorici on Friday June 02, 2017 @08:40AM (#14469396)
It's almost all hydro power every thing else is too expensive to be competitive.
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Re:Bitcoin mining companies face shutdown in southwest China by Phlarp on Friday June 02, 2017 @11:12AM (#14470459)
If the miners weren't tapping all the hydro power they wouldn't have to burn as much coal to power the rest of the country.
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Re:Bitcoin mining companies face shutdown in southwest China by bluesteel44 on Friday June 02, 2017 @04:27PM (#14473039)
Miner is an ideal consumer of the electricity, doesn't have peak hours, can put equipment near the hydro power plant, so it is very likely a lot of this energy has been just wasted before c. 2013-2014.
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