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Chinese Authorities Order Sichuan-based Crypto Miners to Shut Down Operations

On Friday, June 18, Chinese authorities intensified their crackdown on crypto mining activities in the Southwestern Sichuan province. The authorities issued the notice to local miners to shut down their operations on an immediate basis. As reported by Reuters, the joint notice came from The Sichuan Provincial Development and Reform Commission, and the Sichuan Energy

On Friday, June 18, Chinese authorities intensified their crackdown on crypto mining activities in the Southwestern Sichuan province. The authorities issued the notice to local miners to shut down their operations on an immediate basis. As reported by Reuters, the joint notice came from The Sichuan Provincial Development and Reform Commission, and the Sichuan Energy

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Bitcoin News
bitcoin-exchange-miners
Bitcoin News

Miners From Inner Mongolia and Sichuan Selling Their Mining Machines Amid Growing Crackdown

China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machine listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific Bitcoin mining hubs. The significant increase in the sale of second-hand Bitcoin mining machines comes amid growing crackdowns on mining operations in China.

China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machine listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific Bitcoin mining hubs. The significant increase in the sale of second-hand Bitcoin mining machines comes amid growing crackdowns on mining operations in China.

bitcoin mining in china
Bitcoin News
bitcoin mining in china
Bitcoin News

Bitcoin Mining Expert On the Impact of New Gov. Restrictions in China

Reportedly, about 21 mining farms running a 2000 MW mining unit in the Inner Mongolian region in China are getting affected by restrictions from the local government. We interviewed with Thomas Heller, a mining expert formally the Global Business Director at F2Pool, now working with HASHR8, to study the effect of the clampdown on the

Reportedly, about 21 mining farms running a 2000 MW mining unit in the Inner Mongolian region in China are getting affected by restrictions from the local government. We interviewed with Thomas Heller, a mining expert formally the Global Business Director at F2Pool, now working with HASHR8, to study the effect of the clampdown on the