Ninjastic
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Board Altcoin Discussion
Re: Many large crypto mining operators are moving out of China
by
tvplus006
on 30/05/2021, 08:52:27 UTC
Quote from: mamamu111 on May 28, 2021, 10:07:44 AM
China’s renewed campaign against cryptocurrency has mining and exchange operators retreating from the country.  READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/05/28/many-large-crypto-mining-operators-are-moving-out-of-china/

Such a migration of miners will only benefit the entire cryptocurrency market. The current state of affairs, when such large BTC mining capacities are concentrated in the hands of Chinese miners, carries risks for the entire crypto community, because the value of other altcoins depends on the price of BTC.