Vice President for Blockchain Business Development Core Scientific Tapac Kulik said that countries competing for leadership inblockchain space is very different in what they can offer to crypto miners.
In his words, the global hashrate diversification is increasing as countries around the world start to control the oversight of the cure tuning industry.
China was the preferred center for miningthe cryptocurrency is due to certain factors: low operating power, quick access to equipment and a reduction in the cost of electricity in the rain.
“One of the main economic problems,caused by the repression of the authorities, there were thefts of electricity, which the local authorities are forced to intercept. Another key economic problem, causing uncertainty in regulation, is the problem of control over capital. These factors have made the current regulatory environment in China unclear for digital mining companies. Regulations at a higher political level in any country or jurisdiction, for the most part, will instruct the operators to reduce capital costs or, in other cases, to use
He noted that the mining of the cryptocurrency is "extremely capital-intensive," and this means that the operator needs to be stable for a long period of time.
Kulik noted how the new rules influenced the miners from such countries as Iran, Ukraine, Canada and Kazakhstan:
“In general, we observe the decline in the normativeloads for the production of digital coins, since it is more often treated as a way to recover the lost industrial assets and convert them to good value in 2.0. Governors turn to the regulatory policy, in particular, practicing a more favorable approach for the mining industry, in order to make the atmosphere of the game coincide
According to the formulation of the normative requirements in relation to the mining of the cryptocurrency "we will see how the institutional investors will select the place in the portfolio" by the leader of the leader
</p>"The stronger the team of the manager and the higher the transparency of the operations, the greater the likelihood that the company will become a target for investors who want to"
