©Reuters. Mining around the world: where should cryptocurrency miners go in such a changing landscape?
One of the main topics among the cryptocurrency community in 2021 was China’s aggressive policy towards mining, which led to a complete ban on such activities in September.
Although mining as a type of financial activity has not disappeared and is unlikely to disappear, Chinese cryptocurrency miners had to find a new place to settle. Many of them moved to the United States—the new global mining mecca—while others went to Scandinavia and still others to nearby Kazakhstan, with its cheap electricity.
Mining activities cannot go unnoticed forever, and governments around the world have become concerned about power capacity and supply outages.
Read the full article on Cointelegraph
Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
