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Bitcoin Halving Spurs Mass Relocation of Mining Rigs to Colorado Springs

source-logo  coingape.com 23 March 2024 20:31, UTC

In preparation for the impending halving event in the Bitcoin blockchain, approximately 6,000 aging Bitcoin mining machines currently operating in the United States are slated for relocation. These machines are set to be idled and subsequently transported to a warehouse facility situated in Colorado Springs. This strategic move aims to facilitate the refurbishment and resale of these older mining machines.

coingape.com