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Mining Cointelegraph

Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices

Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices

Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy.

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

Related market context