New frontier for Bitcoin mining

New frontier for Bitcoin mining

Why has China cracked down on Bitcoin mining?

Why has China cracked down on Bitcoin mining?

Why are miners flocking to North America?

Why are miners flocking to North America?

Is North America ready to embrace crypto miners fleeing China?

While moving a crypto mining farm from one continent to another is not as straightforward as it sounds, it certainly is a step in the right direction. Bitcoin itself has no physical form — they are created, exist and can be transferred only online — but constructing a Bitcoin farm can take up to 18 months in a foreign country.

Final thoughts

When considering this great migration to the promised land, not only will Bitcoin miners have access to a thriving crypto community in North America that is brimming with innovation, but North America will benefit from hosting industry specialists who actively contribute to the development of cryptocurrencies and their virtual environment.

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