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.
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