Norway to Deprive Miners of Electricity Concessions

Northern Bitcoin reports the cost of mining one bitcoin in Norway is about $ 7,700
22 November 2018   938

In the state budget of Norway for the next year there are no special preferential conditions for the mining industry. So, from January 2019, the miners will be forced to pay at standard rates, reports Forbes, citing local sources.

If now the price of a kilowatt for miners is about $ 0.05, then in January it will increase to $ 1.94. Northern Bitcoin reports the cost of mining one bitcoin in Norway is about $ 7,700. In China, for example, this figure is significantly lower - $ 3,100.

Norway can not continue to provide huge tax incentives for the most dirty form of cryptographic output as bitcoin. It requires a lot of energy and generates large greenhouse gas emissions globally.
 

Lars Haltbrekken

Parliamentary representative, Norway

Earlier, mining enterprises in the Chinese provinces of Xinjiang and Guizhou suspended their work at the time of the tax audit, and the network hashrate fell by almost 20%.

New Antminer S9SE to be Sold Out in Few Hours

Price of updated device is is $ 351, hashrate - 16 TH\s and power efficiencey is 80 J\TH
19 June 2019   78

The Chinese manufacturer of mining equipment Bitmain introduced a budget device for Bitcoin mining Antminer S9SE. New ASIC miners were sold out in few hours.

Antminer S9SE is more efficient than previous models of this line. It's hashrate is 16 TH/s and power efficiency is 80 J/TH. For example, for S9k, the hash rate is 13.5TH/s, for S9j - 14.5TH/s.

The company's website indicates that the price of the updated S9 is $ 351. The first batch was presented yesterday, June 18, but in a matter of hours sold out. The next delivery of devices is scheduled for July 21-31.

In early April, Bitmain introduced the high-performance Antminer 17 Series based on 7-nm chips.