Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals – Mining Bitcoin News


Source: nativenewspost.com nativenewspost.com

Key Topics in this News Article:

News Snapshot:

[Crypto currency] Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals – Mining Bitcoin News China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest share among several attractive destinations, including the U.S. Russia, Kazakhstan, US Accept Most Chinese Mining Rigs The influx of Chinese miners in several countries which either provide certain regulatory clarity or offer cheap energy has been accompanied by a...