It looks like miners moved to United States after China shuts Bitcoin Mining down. It is possibly due to the lower electricity and of course Bitcoin mining in USA is legal making most of the mining farm company to move their farm in the country. It was stated that miners will do well in New York and Texas[1]. Next to USA is Kazakhstan.
I think there are country that has cheaper energy but the problem is the Bitcoin mining regulation.
In addition here is the list of top 8 Bitcoin mining by countries and their hashes.
1. United States: 35.4%
2. Kazakhstan: 18.1%
3. Russia: 11.23%
4. Canada: 9.55%
5. Ireland: 4.68%
6. Malaysia: 4.58%
7. Germany: 4.48%
8. Iran: 3.1%
[1] https://worldpopulationreview.com/country-rankings/bitcoin-mining-by-country
Topic: Is America the best option? - page 2. (Read 246 times)
Miners in the United States generate more bitcoin mining hash rates (highest in the world). I think that means certain states or region that bitcoin mining is legal in US, especially where miners are more located would be good for bitcoin mining.
Are there many new mines in the United States now? Is it the best choice to choose to mine in the United States? How much is the electricity bill? Can recommend a better mine.
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