Sunday, October 2

Cryptocurrency Mining May On The Rise In Thailand Due To Ban On Crypto Assets In China By CoinTelegraph

© Reuters. Cryptocurrency mining reportedly on the rise in Thailand due to ban on crypto assets in China

Apparently, the retail mining of cryptocurrencies in Thailand has received a boost due to the capitulation of Chinese miners caused by the new mega-ban on crypto assets enforced in the country in mid-September.

Thai entrepreneurs and cryptocurrency companies have increasingly been taking advantage of Chinese miners ditching their mining rigs, Al Jazeera reported Wednesday.

“At the time when China banned cryptocurrencies, we were ecstatic,” said an enthusiastic Thai of () and currently a miner of the network.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Reference-es.investing.com

Leave a Reply

Your email address will not be published.