Since september 2021, when china's regulatory policy for the virtual currency has been completely upgraded, the provinces and municipalities and the autonomous regions have been engaged in special corrective actions. On 26 january, the inner mongolia commission for development and reform issued a circular on the implementation of differential electricity prices for electricity for the virtual currency “mining” project, and on the implementation of the “terminator class” enterprise electricity prices, which are valued at $1 per kilowatt-hour (per hour of electricity)。
On 3 december 2021, the hainan provincial commission for the reform of the development and development commission took the lead in issuing a circular to classify the virtual currency “mining” as a phase-out industry with a differential electricity price of 0. 8 yuan per kilowatt hour (per kilowatt hour)。

A bitcoin investor stated to the press that the policy of imposing differential electricity prices was not to allow bitcoin to dig, and that the policy of combating bitcoin mining continued。
“the main cost of digging bitcoin is electricity. In the absence of a hit on a bitcoin mine, large mines cost roughly 30 cents more in winter than in summer. And if the electricity charge is increased by us$ 0. 8-1, then digging bitcoin is bound to be a serious loss.” the investor said。

Sun woo lin, a senior researcher at the oko cloud chain research institute, also indicated that the introduction of differential electricity prices in inner mongolia and hainan would significantly increase the cost of mining bitcoin. According to data from masters on the oco cloud chain, the annual cost of electricity per bitcoin mine is around $10,000 at current prices, and the time of mine recovery is about two years, with differential prices running out of time and the cost of electricity increasing by about fourfold. Mainstream mining agency currency (data source: f2pool)
In the case of ant miner s19, the rated calculator was 95 th/s and the power consumption was 3250 w. On 22 january, based on electricity charges of us$ 0. 1/degree (i. E., approximately us$ 0. 6/degree), f2pool calculated the cost of a bitcoin for the “drilling” of this type of mine (i. E., the shut-off price of f2pol) at approximately us$ 17590. If the electricity cost is increased by one dollar, the electricity cost will be about 2. 7 times the original price, while the cost of the pure electricity cost of each bitcoin to the ant mine s19 will be raised to approximately $46,907. At present, the price of bitcoin is in the range of $35-36 million, far lower than the net electricity cost of bitcoin “mining”。

“now that bitcoin `mining' is profitable, either by going abroad to build mines, or by putting a few machines in the house to dig. The investors said:。




