Sysorex CEO Wayne Wasserberg Discusses Advantages of TTM’s US-based Ethereum Mining Operations May 24, 2021 11:43 ET | Source: Sysorex, Inc. Sysorex, Inc. Herndon, VA, May 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Sysorex (OTCQB: SYSX), the largest U.S.-based, publicly traded Ethereum mining company, today provided a business update addressing certain advantages of its US-based operations. “Last week, it was widely reported that Chinese Vice Premier Liu He and the Chinese State Council issued a statement calling for increased cryptocurrency regulation in China, specifically referencing Bitcoin mining and trading,” said Wayne Wasserberg, CEO of Sysorex and President of wholly-owned TTM Digital Assets & Technologies (TTM). “If China moves to regulate Bitcoin mining and perhaps the mining of other cryptocurrencies, this could cause a decline in Chinese participation in the Ethereum Blockchain network hashrate, which could prove advantageous for our business in several ways. Should Chinese-based Ethereum mining decline as a result of actual Chinese regulation or even based on the prospects of such future regulation, TTM may benefit from an increased participation in the overall network hashrate. In turn, TTM would likely see an increase in participation in daily profits.”