Last week in Bitcoin — A Hexa Wallet Newsletter

Abhilash Nair

Published in

BitHyve

2 min readJun 28, 2021

1) The Exodus

China’s loss seems to be Texas’ (and Kazakhstan’s) gain

The Scoop: China banned Bitcoin mining last week.

China crypto mining ban triggers exodus, bitcoin rigs sell like scrap

Shanghai: China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global…

economictimes.indiatimes.com

China’s loss is Kazakhstan’s gain:

Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan - CoinDesk

BIT Mining expects to deliver another two batches of machines by the start of July. Chinese bitcoin miner BIT Mining…

www.coindesk.com

Thoughts that make sense:

The Great Mining Migration is under way.

As I'm sure most of you freaks are aware of by now, there is a great bitcoin mining migration under way as the powers…

tftc.io

2) El Salvador to Airdrop $30 to each citizen in sats

The Scoop: El Salvador President Mr. Nayib Bukele announced their government’s wallet and said that every El Salvadorian using their app would get $30 in sats.

The President of El Salvador, Nayib Bukele, has announced Chivo, the country's official Bitcoin wallet, which will…

bitcoinmagazine.com

Where it all started:

Bitcoin Beach

Cash to BTC machines incoming: