HIVE Blockchain Technologies Ltd (HIVE)

[77Port]

Chinese miners on the move, perhaps adding a new twist on the globalization story.
By a long shot, China has always had the most hashrate. Trouble is the miners there mostly burn coal, making China look bad in terms of carbon/air pollution, a major Chinese problem. Like whack-a-mole, the State has been unable to stop the miners which--like military mash units--can be torn down, moved and set-up quickly if necessary. Now it looks like China might ban mining completely. Some miners have already bought property in Texas, adding speculation others might also be headed for the Lone Star State.
https://www.cnbc.com/2021/06/15/chinas-bitcoin-miner-exodus-.html
Seems clear bitcoin mining is turning into a race to be largest and cheapest which will make Hive's work harder to profitably compete. Hive's success will be based on nuance, not on size. Quality over quantity. I don't think we know yet what this will look like.