China builds a hydropower plant for bitcoin mining.

"To save money, Tibet mining facilities use hydroelectric power."

China is also furious to mining bitcoins.

Haobtc is also operating hydropower mining facilities in Kangding. Eric Mu, Chief Marketing Officer at Haibtc, said it cost a lot to build a hydroelectric plant, but later on it does not have a lot of maintenance costs and can use electricity cheaply.

HaoBTC has a daily profit of 50K!
In addition, the Kangding mine has minimal carbon footprint and low regulation, providing the best location and environment for bit coin mines.

The official said Tibet is relatively inexpensive to hire staff for mining maintenance. Haibtc has 10 employees and the total salary is about 6,000 yuan ($ 900).
Haobtc's daily mining revenue is 80btc (about $ 48,000).

China is very loose of the law, so if you keep only a few regulations, you can build such a data facility. Haobtc is registered in China.

Low power by hydro, low labor cost of Tibet and low maintenance cost are the best conditions for mining.