The world-famous company Bitmain, which produces Bitcoin (BTC) mining devices, opened a store in Istanbul.
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Bitmain’s official distributor in MENA and Turkey, Phoenix Store, The St. Regis opened a store in Istanbul and entered the Turkish market. Phoenix Store aims to bring miners in Turkey with cold wallets and mining devices.
As it is known, interest in cryptocurrencies in Turkey has started to increase day by day in recent years. This situation has managed to attract the attention of many brands. In addition, Bitmain also entered the Turkish market together with the Phoenix Store. Phoenix is also the official distributor of brands such as Trezor, Cool Wallet and Ledger.
Phil Harvey, CEO of Phoenix Store, made a statement on the issue regarding their first investment in Turkey, and used the following words:
Harvey, speaking of the pressures of China on miners, said that the miners started to go to countries such as Kyrgyzstan and expressed that they are considering including Turkey in this acceleration.