Ann: IOT signs one of the largest Bitcoin miners, page-4

  1. 142 Posts.
    lightbulb Created with Sketch. 10
    20 megawatt @ 11c / kwh
    So IOT will earn $2,200/hr for the next 5 years, this is $96M+ contract if they can revive RedBank power station.
    Contract will be finalised no later than 1 Oct 2018

    My question is, why would bitfury pick Australia to host bitcoin mining. There are other countries with cheaper costs to run these mine.
 
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