Why Kazakhstan has become a top destination for Chinese bitcoin miners in search of a new home
June 30, 2021, 2:43PM EDT · 6 min read
- Kazakhstan’s vicinity to China, its energy surplus, and its openness to the mining industry have made it a top destination for miners moving out of China.
- But the journey to the old Silk Road may not be any easier than migrating across the Pacific.
The era of China’s dominance over the bitcoin mining industry appears to be coming to a close, with Kazakhstan emerging as a home for some miners.
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