UPDATE – NOT TRUE: Chinese Authorities Closing In On Crypto and Bitcoin Miners (Bitcoin News)

A number of crypto news outlets are starting to report on news coming out of China about a squeeze of cheap power and possibly a ban on Bitcoin mining:

China Bans Bitcoin Mining? Rumors Fly as Notices Appear In Press

Chinese Hydroelectric Crackdown Could Herald the Demise of Cheap Bitcoin Mining


https://cointelegraph.com/news/breaking-china-may-cut-off-cheap-power-to-bitcoin-miners

Related posts