Not All Doom and Gloom for Chinese Bitcoin Miners

Mining in China will be profitable, even if bitcoin will cost $ 7000. In China, because of the overabundance of electricity, it is very cheap.

The highest electricity tariff for Chinese miners is $ 0.13 per kilowatt-hour. However, according to Lu, operators can agree on prices to $ 0.03-which means that the mining will be profitable if Bitcoin's price remains above $ 3,869. 
More information can be found on the link below. ..