Reducing the cost of solar energy will lead to the move of China's battlefield CRYPTO-MINERS to the United States. Information is the Renewable Energy Expert Tam Hunt.
To date, Genesis Mining and some other operators only use geothermal energy in Iceland to mine crypto. According to Hunt, the yield of the mining with the use of solar energy is more cost-effective. With a return period of 1-2 years, the income from this activity can be earned for about 25 years at no cost.
In the US there is the possibility of using very cheap, and in some places, even free energy. In addition, unused excess energy can be sold back.
According to the expert, miners can get extra income from negative pricing when operators pay consumers to use their electricity, otherwise they have to shut down power plants because the energy produced is too much. The calculations show that with the use of excess power, a fortune gain of about 20-25 cents per kilowatt hour can be generated.
In this way, the United States becomes an attractive site for miners and miners will begin to transfer their farms to North America.