Nearly 70 per cent of all new bitcoin are mined in China in warehouses where massive numbers of microprocessors are used to solve complex maths problems, rewarding miners with the digital currency. Photo: EPA

China’s bitcoin miners in limbo after Beijing shuts down exchanges

Some of those hoping to cash in on the boom are having second thoughts

Topic |   Bitcoin

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Nearly 70 per cent of all new bitcoin are mined in China in warehouses where massive numbers of microprocessors are used to solve complex maths problems, rewarding miners with the digital currency. Photo: EPA
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