News Snapshot:
Europe, U.S. eyed as next destination for bitcoin miners following Chinese crackdown By - May 24, 2021 No less than the operator of Chinese crypto mining pool giant Lebit Mining, Jiang Zhuoer, has argued that the latest crackdown imposed on mining operations in the country would result in miners migrating their activities to Europe and the U.S., effectively pushing back the state of the industry to what it was back in 2014. According to Cryptoslate, Jiang said, “The worst case may be that large-scale miners are closed, and China’s Bitcoin mining will return back to the state of 2014-2015.” During...
