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Re:Bitcoin Mining Now Consuming More Electricity Than Many C... by polskibus on Wednesday November 22, 2017 @03:28PM (#15760302)
Aren't most large bitcoin mines located in China though?
Re:Bitcoin Mining Now Consuming More Electricity Than Many C... by mrb on Wednesday November 22, 2017 @03:31PM (#15760328)
Not everyone mine with coal. «A signifcant concentration [of Bitcoin mines] can be observed in the Sichuan province, where miners have struck deals with local hydroelectric power statons to access cheap electricity» p. 94 of https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/cen...
Re:Bitcoin Mining Now Consuming More Electricity Than Many C... by dbrgn on Thursday November 23, 2017 @04:30AM (#15763939)
Also, coal in China is much cleaner than coal in the US, for example. https://www.americanprogress.org/issues/green/reports/2017/0...
Re:Bitcoin Mining Now Consuming More Electricity Than Many C... by flashdance on Wednesday November 22, 2017 @05:47PM (#15761362)
Many are located in Georgia and WA (honourable mention goes out to Labrador), which have cheap hydroelectricity.
Re:Bitcoin Mining Now Consuming More Electricity Than Many C... by visarga on Wednesday November 22, 2017 @03:29PM (#15760311)
Soon to be located in Africa - more sun, cheap panels.
Re:Bitcoin Mining Now Consuming More Electricity Than Many C... by sgt on Thursday November 23, 2017 @05:14AM (#15764120)
I think solar would have to become cheaper before this becomes viable.

Luckily trends show that this will happen soon, but other challenges posed in Africa is political stability (e.g. government decides BitCoin mining is illegal or imposes unreasonable taxes due to lack of understanding), lack of competency, and other types of infrastructure.

The only countries I can see that are suitable are South Africa and Namibia.