Mining rig maker Canaan argues against wholesale crackdown on bitcoin mining in China

Mining rig maker Canaan argues against wholesale crackdown on bitcoin mining in China

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-china-cryptocurrency-canaan/mining-rig-maker-canaan-argues-against-wholesale-crackdown-on-bitcoin-mining-in-china-idUSKCN2DE0NU

A major Chinese maker of bitcoin mining machines argued against an indiscriminate crackdown on cryptocurrency mining in China, saying the business helps make better use of electricity and contributes to employment and the local economy.