And there are so many conclusions that after halving crypto mining has become unprofitable, so then one can ask why someone buys such a large amount of mining equipment outside of China? It is more than obvious that the buyer thinks that the investment will pay off regardless of the reduced reward, electricity prices, taxes, labor costs and so on.
While I welcome the decentralization of crypto miners, I still don't think it's a good idea for most to start moving from one country to another and for the USA to be what China once was in terms of hash power. Last year we had a chance to read the news that Bitmain plans to build a 300MW mining farm in Texas, which means things are changing after all, and of course with the blessing of the US government.
As for PayPal and Bitcoin, this is a story that has been around for years, but does it make any sense for PP to be involved with BTC in any way? I only see the escrow option here - but that would only make the whole transaction more expensive in the end...
While I welcome the decentralization of crypto miners, I still don't think it's a good idea for most to start moving from one country to another and for the USA to be what China once was in terms of hash power. Last year we had a chance to read the news that Bitmain plans to build a 300MW mining farm in Texas, which means things are changing after all, and of course with the blessing of the US government.
As for PayPal and Bitcoin, this is a story that has been around for years, but does it make any sense for PP to be involved with BTC in any way? I only see the escrow option here - but that would only make the whole transaction more expensive in the end...