Home » After the cryptocurrency “mining disaster”, the hydropower station was sold at a price of tens of millions on the second-hand platform-Digital Currency / Blockchain

After the cryptocurrency “mining disaster”, the hydropower station was sold at a price of tens of millions on the second-hand platform-Digital Currency / Blockchain

by admin

Recently, the currency circle has not been calm. With the advent of high-pressure supervision on mining and speculation in China, many mines have been collectively cut off. Some miners have to critique airlift mining equipment overseas, preparing to find a second spring . The domestic crackdown on mining will not only affect mining machines, but also some power plants, especially small hydropower stations. Since mining was previously based on these hydropower stations, these power stations have had to find new buyers now that mining is depleted.

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On the second-hand trading platform, you can find a lot of relevant information by searching for hydropower stations. The main ones who sell hydropower stations are in Sichuan Province. Because of the special geographical environment, there are many small hydropower stations in Sichuan.

Because of this, Sichuan has become the location of the world’s largest Bitcoin mining farm.It is said that China accounts for 70% of the world‘s mines, and Sichuan accounts for 70% of the country. That is, about half of the world‘s mines are in Sichuan and consume 800MW of electricity, mainly relying on small hydropower stations.

From the perspective of selling price, these small hydropower stations are only a few hundred thousand cheap, the mainstream price is millions, and the high prices can be tens of millions. Those who want to buy hydropower stations have to be strong buyers.

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