Major ASIC producers are seeing bigger sales volumes in Russia than the US right now.
Discussion
Game theory in play.
Stack em now boyz
Probably nothing.
Sanctioned sats, yikes.
Russia bad -- Bitcoin used by Russia -- Bitcoin bad -- Bitcoiners use bitcoin -- Bitcoiners support Russia -- Bitcoiners bad -- Ban Biticoin and Bitcoiners.
Guilt by association in the land of the free. Not a good look. We can do better.
We will see how it all plays out. This scenario isn’t a forgone conclusion, but it’s not a 0% probability either.
Funny. This was my immediate thought.
Rather than competing with Russia in mining, the American politicians will just blame their citizens as the problem.
Great points #[3]
Thank you!
Yep
I understand the concern, but doesn't this strengthen the network since it decentralizes it even more?
Interesting development, although USA has biggest hash rate, China produces majority of ASIC miners and now trades in domestic currencies with BRICS+ countries, would be interesting how Bitmain charges Russians, i would guess USDT
Source?
Are we doing ASIC wars again!?