Could Bitcoin Mining Move to North America?
summary
North American mining claims cheap large-scale power and real projects: a 30 MW Quebec site running S9s and S17s at ~¢4/kWh and active S17 deployment; operators report network hash near 120 EH/s and revenue dropping from ~$0.14/TH to ~$0.07/TH after the halving, with a difficulty adjustment in ~7 days and an expected drop as older machines go offline. Builders test liquid cooling patent-pending and immersion systems, and deploy mobile rigs on flared-gas and surplus-hydro sites (Crusoe/Upstream-style) to capture stranded energy and enable demand-response and hedging products.
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