Crypto boss ‘sees’ bitcoin mining shift from China to Americas | News

The world’s biggest cryptocurrency asset manager said on Tuesday that it was seeing efforts to shift bitcoin production to North America from China, which dominates digital coin mining.

“What I have seen recently, probably over the past three to six months, is a real growing shift towards attempts to move a lot of that activity outside of China into specifically the United States and Canada,” said Barry Silbert, founder of New York-based Grayscale Investments, in an online presentation to investors. Silbert did not specify why the shift was happening. 

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