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Bitcoin miners are moving mining equipment to Africa and South America

Bitcoin miners are moving mining equipment to Africa and South America

Created 2024/3/25

Ahead of the halving, many Bitcoin miners in the United States are moving their mining rigs to Africa and South America. 600,000 units of Antminer S19 are on the move due to cheaper energy. The price of these miners used to be $11,500 per unit and may only be worth $350 after the halving.


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