In Canada, Bitcoin Mining Is Thriving

There’s been loads of jibber-jabber about how a lot america stands to profit from the great hash rate migration from China, however what concerning the U.S.’s continental cousin, Canada?

A number of months in the past, a news report surfaced that mentioned Bitfarms, considered one of Canada’s largest bitcoin miners, was quitting Quebec on account of rising vitality costs and stringent laws. In reality this is not true; Bitfarms is increasing in Quebec, but it surely’s simply transferring transferring a part of its fleet to South America in a bid to diversify its operations.

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