Bitcoin Mining Shift: Russia May Lose Its Global Ranking Spot to China

Russia is expected to lose its position as the world’s second-largest Bitcoin (BTC) mining destination to China this year. Surging electricity prices above 5 rubles per kWh, a strong ruble, outdated equipment, and strict regulations and regional limits are forcing miners to relocate operations. Russia is Set to Lose Its Bitcoin Hashrate Ranking According to […] Read The Full Article Bitcoin Mining Shift: Russia May Lose Its Global Ranking Spot to China On Coin Edition.