hashing 24 bitcoin mining

Bitmain is going to open a mining branch in Canada

January 21, 2018 | By | 2 Replies More

Bitmain is going to open a mining branch in Canada – recently the company just announced the creation of a new branch in Switzerland, as we can already see the announcement of the expansion in Canada. Bitmain had been already started negotioations with the authorities. So cloud mining in Canada can gain new momentum. So it looks like the Bitmain has a new goals.

Bitmain is going to open a mining branch in Canada

Bitmain is going to open a mining branch in Canada

  • they want to transfer almost all the mining capacity abroad
  • for example, in Switzerland, a subsidiary company was already registered
  • also Bitmain acknowledged that they had been mining operations in North America since 2015, but they did’t reveal the exact locations of one
  • it can be connected, but not sure to the end, Bitmain branches began to appear just when we saw the first rumors about the taxation plans of mining in China (70% of global mining is concetreted in China)
  • if to talk about Canada, it is very popular region for mining, cause of it’s cheap electricity power, low temperatures and huge territory where each miner can find the place to build business or just mine

Official Bitmain website: https://www.bitmain.com

Category: News

Comments (2)

Trackback URL | Comments RSS Feed

  1. Liza says:

    Meanwhile Indian government is trying to forbid mining Canada is doing the opposite. It is understandable why mining is escalating in Canada. Low costs on electricity and big territory are the perfect combination for making tremendous income from mining. I think if Canada continues to attract mining it may even become one of the largest mining areas of the world.

  2. Hanna says:

    Now many states want to also somehow become imbued with the extraction of the crypto currency. It is very advantageous for them to open branches and farms for the production of bitcoins and other leading crypto-currencies. Canada is more interested in these issues for a long time, it’s strange that they have not discovered anything like this before, I hope it will be successful.

Leave a Reply

Comments (2)

Trackback URL | Comments RSS Feed

  1. Liza says:

    Meanwhile Indian government is trying to forbid mining Canada is doing the opposite. It is understandable why mining is escalating in Canada. Low costs on electricity and big territory are the perfect combination for making tremendous income from mining. I think if Canada continues to attract mining it may even become one of the largest mining areas of the world.

  2. Hanna says:

    Now many states want to also somehow become imbued with the extraction of the crypto currency. It is very advantageous for them to open branches and farms for the production of bitcoins and other leading crypto-currencies. Canada is more interested in these issues for a long time, it’s strange that they have not discovered anything like this before, I hope it will be successful.

Leave a Reply

bitcoin cloud mining hashflare