Bitcoin miners now looking beyond Chinese borders


Source: hiteinvestments.com hiteinvestments.com

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Bitcoin miners now looking beyond Chinese borders By Cointelegraph Posted on Author mikephite Greener pastures: Bitcoin miners now looking beyond Chinese borders The behavior of crypto market participants often depends on political and economic factors: the price of crypto assets, regulations in a specific country, or political events. For Chinese miners, however, the factors differ somewhat. For several years, Chinese mining operations have been largely reliant on climate. While Western crypto companies fear falling stock prices and regulators, the survival of many crypto mining operations in China depends on rain. Chinese miners have recently migrated from the southern regions to...