"The precise magnitude and schedule for the westward move is currently unknown, but all signals seem to be indicating the greatest shakeup in the geographic makeup of bitcoin mining since the start of the industrial mining era.” - Nic Carter
Today we cover an article about the largest shift in mining infrastructure the Bitcoin network has ever seen. What does it mean for Bitcoin, for the Us, and for China, and what might be the reasons for this blanket move by the CCP? Find out in today's read from Nic Carter.
Check out the original article below:
https://www.coindesk.com/policy/2021/06/22/go-west-bitcoin-unpacking-the-great-hashrate-migration/
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