After the ban on mining in China, miners removed more than 2 million pieces of equipment

Index

    According to  Financial Times , after mining was banned in China, miners took out more than 2 million pieces of equipment from the country, and most of them to Russia. The diagram below shows that more than 1.8 million devices have moved to Russia, followed by Kazakhstan (87,849), the third by the United States (87,200), followed by Canada (35,400), Paraguay (15,500), Venezuela (7,000):

    Migration of mining equipment in China
    Migration of mining equipment in China

    At the same time, it is known that some of the equipment is still only being prepared for shipment, and according to a study by Arcane Crypto, after the ban was introduced, about 700,000 outdated Chinese miners have not been restarted.   

    See also  US completely stops working with WHO

    Related News

    Leave a Reply

    Your email address will not be published.

    Go up

    We use cookies to understand how you use our website and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies.