Bloomberg: Many Bitcoin miners are moving mining equipment from the United States to Africa and South America
According to Bloomberg, many Bitcoin miners are transferring their mining machines from the United States to Africa and South America before the halving. Due to low electricity prices, 600,000 S19 machines are being transferred. The unit price of these machines was once as high as $11,500, but it may drop to $350 after the halving.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Justin Sun Proposes Strategies to Take Ethereum to $10K
Vitalik Buterin calls on Trump to defend developers: “No one is left behind”
XRP Could Hit $8 on RLUSD and Pro-Crypto Leads
Trump Family Plans Big Ethereum Deals, Lubin Says