China's ban forces some bitcoin miners to flee overseas, others sell out

China's ban forces some bitcoin miners to flee overseas, others sell out

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-china-fintech-miners/chinas-ban-forces-some-bitcoin-miners-to-flee-overseas-others-sell-out-idUSKCN2E10DE

China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.