8 trends that will shape bitcoin mining in 2022

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Here are the 8 trends which will decide the future of bitcoin mining in the year 2022. If you think 2021 is going to be a wild ride to dig into cryptocurrencies, you’d better stick with 2022.Last year was one of the biggest upheavals in mining history. Some Chinese miners have had to find new residences due to the country’s most stringent regulatory measures to date, while an ongoing global chip shortage has limited the capacity of new mining machines worldwide. But thanks to these developments, North American miners had a great year. With China out of the game and orders for their machines, the United States and Canada are rapidly rising to become the undisputed hashrate capitals of the world. When the price of Bitcoin reached its historical high, the profit margin on digging rose up to 90%. The industry is entering a „gold rush,” said Amanda Fabiano, director of mining at Galaxy Digital, New York, citing the miners’ high profitability.At the same time, more subtle changes have occur

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