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Crypto Mining Surges In Thailand As Investors Maximize China Ban

December 31, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
Following China’s crypto ban, crypto investors in Thailand quickly seized the opportunity to buy cheap mining rigs that Chinese miners who have run out of business, have passed up. And this, in turn, has led to a surge in crypto mining activities in Thailand, per Al Jazeera reports. Crypto Investors In Thailand Take Advantage of China’s Crypto Ban After the ban, affected Chinese miners had to recoup some of their investments one way or the other. This led them to sell off their mining machines at a bargain price. In line with the situation, many of the mining firms also...
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Tags: Alibaba | ASIA | author | ban | Beijing | bitcoin | blockchain | boycott | Business | China | Chinese | content | crypto | cryptocurrency | currency | e-commerce | finance | fintech | Kazakhstan | online shopping | PC | Russia | Thailand | United States | War

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