Amidst a saturated U.S. market, mining rig giants like Bitmain and MicroBT are now setting their sights on expanding into Russia, as revealed by reliable sources.
A discussion with Nick Jones, the co-founder and CEO of Zumo, a digital-assets infrastructure platform, regarding their decision to establish and stay in Scotland, influenced by acceptance to a blockchain accelerator and workplace adaptations due to COVID-19.
The report highlights the crucial influence of electricity costs on the bear market witnessed in the past year, presenting a formidable hurdle for miners striving to remain operational.
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