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Sysorex CEO Wayne Wasserberg Discusses Advantages of TTM’s US-based Ethereum Mining Operations
May 24, 2021 11:43 ET
| Source:
Sysorex, Inc.
Sysorex, Inc.
Herndon, VA, May 24, 2021 (GLOBE NEWSWIRE)
via NewMediaWire  Sysorex (OTCQB: SYSX), the largest U.S.-based, publicly traded Ethereum mining company, today provided a business update addressing certain advantages of its US-based operations.
“Last week, it was widely reported that Chinese Vice Premier Liu He and the Chinese State Council issued a statement calling for increased cryptocurrency regulation in China, specifically referencing Bitcoin mining and trading,” said Wayne Wasserberg, CEO of Sysorex and President of wholly-owned TTM Digital Assets & Technologies (TTM).  “If China moves to regulate Bitcoin mining and perhaps the mining of other cryptocurrencies, this could cause a decline in Chinese participation in the Ethereum Blockchain network hashrate ....

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