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6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event

Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where they can still be put to use.

Tanzania , Paraguay , Ethiopia , Uruguay , Bloomberg , Sunnyside-digital , Colorado-springs , Miner-mag , Bitcoin-mining , Ining-machines , Lectricity-costs

Bitdeer Announces May 2023 Operations Updates

Bitdeer’s Gedu Mining Datacenter Gedu, Bhutan SINGAPORE, June 14, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for May 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We maintained stable operations during the month of May while remaining dedicated to the continued growth of our business. At

Bhutan , United-states , Norway , Singapore , Brad-burgess , Linghui-kong , Robin-yang , Exchange-commission , Druk-holding-investments , Company-gedu , Bitdeer-technologies-group , Gedu-mining

China's crypto crackdown speeds shift to central Asia, North America mining

A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that 'mine' cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an uncertain future. China's central government vowed to clamp down on bitcoin mining and trading on Friday, causing some miners to halt all or part of their operations in a country that accounts for more than half of the world's crypto supply. Hangzhou-based Ebang International said that its "mining machines will still be in short supply" overseas, even if domestic sales disappear.

Yahoo , China , Itcoin-mining , Orth-america , Hinese-miners , Ining-machines , Entral-asia , யாகூ , சீனா ,

Huobi Scales Back Due to China Crackdown; Market Falls With Ether Dropping Below $2K

The exchange made the move on the heels of a series of crackdown notices from Bejing in recent weeks.

Yahoo , Mainland-china , Osting-services , Hina , Nvestment-products , Tate-council , Rading-services , Uobi , Ining-machines , யாகூ , பிரதான-நிலப்பரப்பு-சீனா