Miners Eye Middle East as Next Region for Growth

Miners Eye Middle East as Next Region for Growth

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Source: Coindesk.com

The Biden Administration's proposed 30% tax on electricity use for digital asset mining operations is raising concerns among crypto miners that they could be priced out of operating in the U.S. market communities.

Crypto miners in the United States represent over 29% of the total nodes on the Bitcoin network. But that percentage may fall if costs

Read More https://www.coindesk.com/consensus-magazine/2024/05/17/miners-eye-middle-east-as-next-region-for-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Miners Eye Middle East as Next Region for Growth" appeared first here Coindesk.com.

Source: Coindesk.com

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