Chinese Bitcoin Miners Moving to the United States

Chinese Bitcoin Miners Moving to the United States & Congressman Talks SEC Ripple XRP

A Chinese logistics firm is airlifting 3 metric tons (3.3 tons) of bitcoin mining machines to Maryland as the Chinese government cracks down on the industry. SOS Ltd. enters Into a joint venture agreement with Niagara Development and will move its Bitcoin mining operations from China to Wyoming USA. Bitcoin miner Bitfarms was listed on the Nasdaq stock exchange today. Facebook’s David Marcus tweets “How is more Bitcoin mining power moving to the Flag of United States and the West a bad thing? IMO China cracking down on mining is a great development for BTC.” Rep. Warren Davidson says financial regulators need to figure out what is a security and what is not. He says action is needed especially on Ripple XRP.

China is kicking out more than half the world’s bitcoin miners – and a whole lot of them could be headed to Texas

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