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❕NEWS Bitcoin miners move from China to America

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AudraMiller

AudraMiller

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There is no doubt that if you have the right equipment and are able to have a reliable energy source that you are able to mine cryptocurrency in a very profitable way, and with teh price increases we saw at the beginning of this year, many people got into cryptocurrency. In recent news it seems that there are miners in crypto that are selling their equipment to North America and Europe? Do you think that America and Europe will follow in teh footsteps of China's mining ban if their energy requirements increase substantially?
 
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No, I don't think so that America or Europe will follow in China's footsteps. Many cities and sub-cities now become cryptohubs. Many crypto startups are created, even local Govt. also helping to create crypto-friendly ecosystems.
If they faced any type of power problems then they will find an alternative way.
 
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Yes , because they know where they can get cheap and abundant supply of energy and electric power that is required for their mining activities so that's the right solution and the right thing to do to be honest actually in my opinio. And you have to keep moving with the things and time to he honest in my opinion .
 
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