Halving forced bitcoin miners to solve the problem of reducing energy consumption

 Halving forced bitcoin miners to solve the problem of reducing energy consumption 

 Software companies software for mining are trying to reduce the cost of mining bitcoins in connection with the problem caused by the decrease of rewards for mined blocks.
Hashcoins datacenter joined the list of companies that are looking for a way to reduce the cost of energy required for mining bitcoins, since the problem of electricity costs has become urgent after Polovinnaya awards for the unit.
In particular, in China, several representatives of the mining companies recently met to discuss how to share the grid and local resources power” as well as other issues associated with hydropower, wind power, tariff conditions of supply and terms of cooperation. The offer of cheap electricity will attract investment from bitcoin miners especially in China, where about 82% of the global capacity.
New solutions
Bitmain, the company producing the software, recently introduced new products including its latest Antminer S9, which was named the most effective for mining bitcoins in the world, and will allow to solve the problem of halving.
Genesis Mining after tested a large package X11 ASIC has extended all the contracts with their customers for another year with the promise to pay the cost of electricity in the second year.
Hashcoins datacenter has reduced its energy consumption with the aim of preserving the profits of the miners. In an email sent to its clients reads as follows:
Because halving” the reward for mining Bitcoins is behind us, ahead of us a lot of work to improve our service. The last few months we worked tirelessly, commissioning the new energy-efficient equipment SHA-256 in our data centers, which allows us to reduce the consumption of electricity.For this reason, we are pleased to announce that the service charge and electricity (MEF) contracts for SHA-256 reduced by 25%, from 0.008 USD per 10 GH/s to 0.006 USD per 10 GH/s. The work doesn't end here, and we expect to achieve better results in the future.