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Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests

Post author:MiamiCrypto
Post published:January 6, 2022
Post category:ASIC ASICs Canaan Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency deficit Electricity Energy equipment Exodus hardware influx Kazakhstan Miners Mining Mining Devices mining equipment mining hardware mining machines power shortages

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces…

Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals

Post author:MiamiCrypto
Post published:November 25, 2021
Post category:Bitcoin Bitcoin Miners Bitcoin Mining Canada central asia China chinese Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency influx Kazakhstan migration exodus Miners Mining Mining Devices mining equipment mining hardware mining machines Paraguay Russia russian U.S.Venezuela

China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting…