Phyrex
Phyrex|Dec 29, 2025 08:03
Today, I heard from a friend in the mining community that they invested nearly $10 million last year in a certain region in China to mine BTC. During the recent crackdown, they voluntarily withdrew, but the machines are still in the warehouse. Currently, the daily loss is around $30,000. They're still considering whether to go overseas, but the location, funding, and personnel are all still a hassle.
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