70-80% of South Korean Cryptocurrency Mines Close As Costs Exceed Prices

At the top of markets in December 2017, mining an Ether, the native cryptocurrency of the Ethereum network, cost about 240,000 Korean won ($213 USD), and that Ether could be sold for 2.3 million won ($2093 USD). At that time, South Korea was the third… Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged bitcoin, ether, ethereum, exchange, gopax, lee soek-woo, li jun, mining, south korea, upbit