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Bloomberg: Many Bitcoin miners are moving mining equipment from the United States to Africa and South America

Bloomberg: Many Bitcoin miners are moving mining equipment from the United States to Africa and South America

CointimeCointime2024/03/25 00:08
By:Cointime

According to Bloomberg, many Bitcoin miners are transferring their mining machines from the United States to Africa and South America before the halving. Due to low electricity prices, 600,000 S19 machines are being transferred. The unit price of these machines was once as high as $11,500, but it may drop to $350 after the halving.

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