April's Bitcoin halving will slash revenue for miners, who will likely move from the US to lower-cost countries like Ethiopia, Tanzania, Paraguay, and Uruguay
Bloomberg David Pan
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Discussion
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@amasad
Amjad Masad
on x
Crypto bull run, meme coins, $1b+ pre product rounds, and wild public co multiples — all while interest rates are this high; can you begin imagine the mania when rates are cut?
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@jmellerud
Jaran Mellerud
on x
In Bloomberg with @HashlabsMining talking about how the cheap electricity in Africa is attracting #bitcoin miners 🌍 DM if you want to get started mining in Africa at the world's cheapest hosting rates 🇪🇹 https://www.bloomberg.com/...
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@crypto
@crypto
on x
About 6,000 older Bitcoin mining machines in the US will soon be idled and sent to a warehouse in Colorado Springs where they'll be refreshed and resold to buyers overseas looking to profit from mining in lower-cost environs https://www.bloomberg.com/...