Ahmedo24
Verified member
The recent crackdown on cryptocurrencies by the government of China seriously affected the price of most Crypto currencies in the market. The miners were also cut off from source of electricity to mine bitcoin and other coins in the country, this is no doubt an effort to erase cryptocurrency from existence.
The cryptocurrency ecosystem has no doubt been witnessing significant growth and development. US and Canada are the Frontline countries that are trying as much as possible to host and possibly get all the mining equipments from China so they can concentrate mining activities in their country. Recently Hive blockchain technology in Canada bought 3000 mining rigs , recently Marathon has announced to build 73,000 Capacity ASIC mining rigs in Texas. Recently another company bought about 7200 mining rigs from bitman.
Share your thoughts on this development.
The cryptocurrency ecosystem has no doubt been witnessing significant growth and development. US and Canada are the Frontline countries that are trying as much as possible to host and possibly get all the mining equipments from China so they can concentrate mining activities in their country. Recently Hive blockchain technology in Canada bought 3000 mining rigs , recently Marathon has announced to build 73,000 Capacity ASIC mining rigs in Texas. Recently another company bought about 7200 mining rigs from bitman.
Share your thoughts on this development.