©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
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