Foreign media: Chinese Bitcoin miners are moving their business to Central Asia

As China's electricity prices rise, some local Bitcoin miners have relocated their operations to Central Asian countries such as Kazakhstan and Uzbekistan. Compared with China's thermal power cost of more than US $ 0.06 per kilowatt-hour, the average electricity price of Central Asian countries such as Kazakhstan and Uzbekistan is US $ 0.03 per kilowatt-hour, which is increasingly attractive to Chinese miners. In addition, countries like Uzbekistan are increasingly open to cryptocurrency mining and trading, and are pushing the once-underground industry to a climax.