Nov 12, 2021

Chinese crypto miner The9 signed a 32 megawatt (MW) mining capacity deal with Compute North to expand in the U.S. The latest move in the “great migration” of China-based crypto mining companies moving to other regions, particularly North America.

Video transcript

Chinese crypto miner The9 signed a 32 megawatt (MW) mining capacity deal with Compute North to expand in the U.S. The latest move in the “great migration” of China-based crypto mining companies moving to other regions, particularly North America. Host Will Foxley explains bitcoin mining on “The Hash,” saying, “it’s like its own independent market. They go to the cheapest and freest places to find energy.” The show panel speaks to the geopolitical significance of this move and looks to what’s becoming a U.S. mining hub – Texas.

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