FINANCE

Most likely they will cost much more, because, on August 25, chipmaker TSMC hinted that they will have to raise selling prices for their products by 15-20%.

The record was set on May 13, when the total hash rate stopped at 198 EH/s. However, it soon began to decline and showed a downtrend for six weeks. Against the backdrop of bans in the PRC, it fell by almost 65%.

As you can see, the top five are Vietnam, India, Pakistan, Ukraine and Kenya. The U.S. was only eighth, although it used to be called the leader in cryptocurrency acceptance. China fell to 13th.

The decision of the officials created a storm of indignation in the crypto community. However, miners using the Proof-of-Work algorithm, for example, can avoid any liability, except for the violation of general electricity standards, environmental protection, etc.

Analysts expect a falling rate to 22 thousand and even lower. This is due to the fact that a fairly massive sale of the asset began, which caused a slight panic among smaller holders.

The power plant is considered one of the oldest in the United States. It is owned by Albany Engineering Corp (AEC), which rebuilt the facility in 1986.