Sources: Bitmain plans to deploy ~$80M of mining equipment in China to take advantage of excess hydropower and low electricity costs in the summer rainy season (Wolfie Zhao/CoinDesk)

Wolfie Zhao / CoinDesk:
Sources: Bitmain plans to deploy ~$80M of mining equipment in China to take advantage of excess hydropower and low electricity costs in the summer rainy season  —  The Takeaway  — Bitmain is planning to deploy 200,000 units of its own mining equipment in China to take advantage of cheap hydroelectric power this summer.

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