Bitcoin 'Halving' Drives Mining Exodus to Cheaper Power Overseas

Bitcoin halving in April will cut mining rewards in half, driving old mining equipment from the U.S. to cheaper countries
Wholesaler SunnySide Digital refurbishing hundreds of thousands of outdated machines to resell overseas
With electricity the biggest cost, miners need lower expenses to stay profitable after halving
600,000 machines, mostly S19 models, moving from U.S. to Africa and South America for cheaper power
Public miners like Marathon Digital spend billions upgrading hardware for halving; some keep outdated rigs idle as backup