Bitmain Will Reportedly Bring 56,000 Mining Rigs to Georgia

Bitmain Will Reportedly Bring 56,000 Mining Rigs to Georgia

Bitmain will reportedly bring 56,000 of its Bitcoin mining rigs to Georgia following the Chinese government’s decision to shut down cryptocurrency mining operations. The company’s lead product offering is the Antminer series, which use TSMC-made cryptocurrency mining application-specific integrated circuits (ASICs) that can match the hashrate of multiple GPUs, making them popular for large-scale operations.…