Russians Demand for Chinese Mining Equipment
The future of mining makers in Britain seems to be brilliant despite reports that the central government of China is trying to limit the energy consumption of mining operations operating on its borders. The South China Morning Post of Hong Kong reported that there is an international demand for Chinese mining equipment internationally, and that buyers represent an important part of the industry’s demand.
The South China Morning Post has spent time with Alex, a 38-year-old Russian businessman who has visited China to create links to bitcoin mining retailers. The report says that Alex spent three days exploring the Shenzhen center, where he compared the products offered by 30 different dealers. Alex says he made two or three trips in China in the last 15 years to buy games that are reborn in Russia, but this is the first route he has taken to buy mining material.
Alex says that when he first entered the bitcoin mining industry, he bought 200 units in Moscow, for which he paid 20% of the Chinese market. He states that the value of the materials he controls must be examined more, emphasizing that “this is the way to choose a real trader”. For Alex, Shenzhen, in particular, offers too many retailers to choose easily.
South China Morning Post has explored the SEG Plaza in Huaqiangbei, Shenzhen, and an important production center that has been a special economic zone since the 1980s.
The report says the markets are “scattered mining dealers between the fourth and eighth floors in nearby spaces occupied by computer vendors,” noting that “a metal shop has a translation at the bottom of its advertisement.”