Is Bitcoin Mining Legal in China?

No. Since 2021, the Chinese government has officially banned Bitcoin mining due to energy and regulatory concerns.

Yes — underground mining operations continue in secret, especially in rural or low-surveillance regions.

Electricity prices, mining hardware, cooling systems, and security all factor into the total cost.

Illegal miners often tap into cheap hydroelectric power, costing as low as $0.03–$0.06 per kWh in some provinces.

Based on energy and hardware, the cost to mine 1 BTC in China could range from $15,000 to $25,000, depending on scale and efficiency.

Miners use ASIC machines like Antminer S19, which cost thousands and require regular maintenance.

Due to the ban, miners risk equipment seizure, fines, or imprisonment, increasing the “real” cost.

Even with lower power costs, legal risks and access to parts make underground mining a risky game.

Bitcoin mining in China is cheap but dangerous — those who do it walk a fine line between profit and prosecution.