Thinking Crypto
Thinking Crypto
@thinkingcrypto·193K subscribers·4.2K videos

Chinese Bitcoin Miners Moving to the United States & Congressman Talks SEC Ripple XRP

Posted

June 22, 2021

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A Chinese logistics firm is airlifting 3 metric tons (3.3 tons) of bitcoin mining machines to Maryland as the Chinese government cracks down on the industry. SOS Ltd. enters Into a joint venture agreement with Niagara Development and will move its Bitcoin mining operations from China to Wyoming USA. Bitcoin miner Bitfarms was listed on the Nasdaq stock exchange today. Facebook's David Marcus tweets "How is more Bitcoin mining power moving to the Flag of United States and the West a bad thing? IMO China cracking down on mining is a great development for BTC." Rep. Warren Davidson says financial regulators need to figure out what is a security and what is not. He says action is needed especially on Ripple XRP.

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Disclaimer - Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

Guests & Subjects Covered

A ChineseSOS LtdNiagara DevelopmentWyoming USA BitcoinFacebook's David MarcusUnited StatesIMO ChinaBTC Rep Warren Davidson

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