China’s Sichuan, Known For Spicy Food, Becoming Bitcoin Mining Capital

Login to View

It turns out Sichuan province, a southwestern region of China nestled between the Himalayas and Yungui plateau, best known for its flaming spicy food, is becoming the capital of the nation’s, and possibly the world’s bitcoin mining industry.

Bitcoin mines, those that run computational processes in order to receive Bitcoins in return, have moved to the mountainous areas of Sichuan to take advantage of its cheap electricity, low population density and moderate climate.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS