Ahead of the Bitcoin (BTC) halving event, thousands of legacy mining machines in the US are preparing to be shipped overseas.
SunnySide Digital is shipping about 6,000 old Bitcoin mining machines to its warehouse in Colorado Springs.
The plan is to refurbish and sell them to buyers abroad, especially in regions with cheaper energy.
Due to halving, miners are looking for places with minimal electricity costs, such as Ethiopia, Tanzania, Paraguay and Uruguay.
Despite the challenges associated with halving, the value of Bitcoin has increased significantly and currently stands at $65,770.
What changes do you think the halving will bring for miners and the cryptocurrency market? Let's discuss in the comments!
