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Saturday, June 19, 2021

Bitcoin miners exit China, beat a path to the U.S. as crypto climate shifts


Chinese authorities are cracking down on cryptocurrency to dial back energy consumption and meet their climate goals, sending miners scattering. Miners are decamping for places like Texas, South Dakota or Canada, launching a mass migration with implications for the communities that will house it.

source https://www.seattletimes.com/business/bitcoin-miners-exit-china-beat-a-path-to-the-u-s-as-crypto-climate-shifts/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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