Let me share with you something shocking:

Today, about 450 new bitcoins are produced every day, which is equivalent to about 350 million yuan at the current price. These bitcoins are not created out of nothing. Behind them are the operation of high-performance mining machines and huge electricity expenses.

In fact, more than 90% of the mining costs come from electricity bills. In other words, the Bitcoin network burns about 300 million yuan worth of electricity every day to maintain its operation.