Chinese Media Platform Publishes Chart On Bitcoin Mining Cost: China Cheapest, Denmark Most Expensive

Chinese Media Platform Publishes Chart On Bitcoin Mining Cost: China Cheapest, Denmark Most Expensive

Chinese media platform Odaily published its “Global Mining Cost Map”, showing the electricity cost of mining a Bitcoin in different countries across the world. Obviously, electricity makes up most of the cost for mining cryptocurrencies, hence this is a key consideration before choosing a location to start mining. Unsurprisingly, China is on top of the list and has been the center of Bitcoin mining for many years. It is not only home to the largest mining rig manufacturers such as Bitmain and Canaan, there are also several large scale mining farms across the country, especially in places with low-cost electricity...

Major Milestone: Binance DEX Launches on Binance Chain

Major Milestone: Binance DEX Launches on Binance Chain

Binance, the leading global cryptocurrency exchange and ecosystem, joins the community in celebrating the launch of Binance DEX, a decentralized exchange running on the Binance Chain. As part of Binance’s effort to push the industry forward, the Binance DEX development team invites projects to participate in and issue new tokens on the native blockchain. “We believe decentralized exchanges bring new hope and new possibilities, offering a trustless and transparent financial system,” said CZ (Changpeng Zhao), CEO of Binance. “With no central custody of funds, Binance DEX offers far more control over your own assets. We hope this brings a new...

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