China’s bitcoin mining mass exodus is stymied by relocation costs – South China Morning Post

  • As many as 2 million cryptocurrency mining machines are stuck in China’s Sichuan province, lawyers estimate, after a government crackdown halted operations
  • Miners trying to move to North America are losing millions of dollars while waiting to export machines through complex shipping routes to avoid tariffs

Topic |   Bitcoin

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Coco Feng

Updated: 11:30am, 12 Feb, 2022

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