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Author Topic: Chinese Miners Are Finding Relocation Difficult in Southeast Asia  (Read 840 times)

Offline mskumar

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According to a recent report, cryptocurrency miners from China have been flocking to regions in Southeast Asia like Vietnam, Myanmar, and Cambodia. However, a relocated Chinese miner based in Cambodia says miners trying to find safe havens in other Southeast Asian countries are having difficulties, and losing money every month due to residents complaining and unreliable power.
Chinese Miners Who Relocate Are Finding Other Regions Located in Southeast Asia More Difficult
Mining in China is still allowed but there have been rumors of government crackdowns, and because of this speculation many mining operations based in the country have begun to relocate. Some operations who still seek out cheaper Chinese electricity tariffs moved to the border towns in Yunnan, but lots of Chinese miners have relocated to other areas in Southeast Asia like South Korea, Vietnam, Cambodia, and Myanmar. Although government officials and residents living in these regions have been giving miners a hard time according to a relocated miner named Zhang Han.
SOURCE:https://news.bitcoin.com/chinese-miners-are-finding-relocation-difficult-in-southeast-asia/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

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