After the recent laws issued by the Chinese government, China's miners may face serious problems with the implementation of their activities in the country, so even not too large companies have thought about moving their capacities to other countries.
The other day it became known that Bitmain registers a branch in Switzerland. Bitmain Switzerland is still at the registration stage, but it is planned that the European headquarters of the company will open near the town of Zug, which is called kryptodolinoy.
Switzerland is not the only country where it plans to take the roots of Bitmain. Already aware of the registration in the US, Singapore and Israel, and today the company reported that it is going to establish a data center in the Canadian province of Quebec. The Chinese have already begun to discuss the issue with local authorities and energy companies.
Representatives of Hydro Quebec, which owns several hydroelectric power plants, said that other major mining companies from China are going to settle in the region.