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Russians massively purchased Chinese mining equipment



So, the Chinese miners rightly decided that the sale of equipment in the secondary market will allow to return at least part of the funds spent on activities. This led to a fall in prices for a number of ASIC models – more than 40%.

Financial Times researchers found that most of the Chinese mining devices were sent to Russia. Thus, Russian miners bought out about 205,000 devices. At the same time, it was decided to buy Chinese devices for mining cryptocurrency in Kazakhstan – there were 87,849 ASICs there. Slightly less – 87,200 – ended up in the United States.

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