Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners.
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Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government
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Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus.
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Chinese Bitcoin miners ‘not even in the mood to drink anymore’
Many Bitcoin miners in China are down with the blues as Beijing forces several operations to go offline.
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A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
The benchmark cryptocurrency slipped briefly under the $29,500-level on June 22 as a Glassnode report indicated the possibility of miner capitulation in China.
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Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners
Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply.
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