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Posted by Sarahee12
 - November 29, 2021, 08:06:51
Utopia Ecosystem - everything you need to know! Join and sleep well)
Posted by Hunter2020
 - November 23, 2021, 14:06:26
Bitcoin is outlawed in China.  If u cant use it to buy goods from the worlds biggest factory which is China, whats the point of mining for it?
Posted by Redaktion
 - November 22, 2021, 21:17:59
When China banned Bitcoin mining, panicked local firms went into a fire sale mode for their rigs. The bulk of the crypto miners went to Russia, followed by Kazakhstan, the US, Canada, Paraguay, and even Venezuela. The more expensive rig models ended up in more developed countries, whereas mining in Caracas seems to be a poverty alleviation strategy, made profitable on older power-hungry Chinese miner models by cheap electricity.

https://www.notebookcheck.net/The-Bitcoin-mining-ban-started-a-fire-sale-on-Chinese-miners-FT-investigation-reveals-where-they-went.580848.0.html