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Cryptocurrency Companies Are Leaving China in ‘Great Mining Migration’

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Cryptocurrency-mining companies face many hurdles as they move their machines, prone to damage if shaken, out of China

Aug. 22, 2021 5:30 am ETearly this summer, Nasdaq-listed Bit Digital Inc. ramped up efforts to get its more than 20,000 computers out of the country.

Bit Digital and other cryptocurrency mining companies now face many hurdles as they move their machines out of a country that previously used two-thirds of the global energy dedicated to harvesting bitcoin. The machines are prone to damage if shaken, which makes packing and shipping them internationally an arduous task. A single new computer can cost about $12,000.

 

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Never trust the CCP in China ever again.

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Why shouldn't US take this up since they have been complaining China of stealing theirs?

USA GOVERNMENT DOESNT LET THEM

thanks

Aryan75502190

Shaken not stirred.

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this is terrible news

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