• China's crypto ban forces Bitcoin miners to sell out or flee overseas

    2 monthes ago - By Natural News

    Chinese miners are selling out or seeking new markets overseas after local governments in mining hubs in China imposed sweeping bans on cryptocurrency mining. “Many miners are exiting the business to comply with government policies,” said Mike Huang, operator of a crypto mining farm in the southwest province of Sichuan, which is China's second leading...
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  • Top Bitcoin mining rig maker suspends sales as clients flee Chinese crackdown

    Top Bitcoin mining rig maker suspends sales as clients flee Chinese crackdown

    2 monthes ago - By Natural News

    The world's top bitcoin mining rig maker has suspended sales of its machines for spot delivery globally following Beijing's crackdown on the cryptocurrency industry in the country. Bitmain Technologies is stopping sales in an effort to prop up local prices after crypto miners fleeing China have started dumping used mining rigs on the market. By...
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