A bitcoin miner inspects a malfunctioning mining machine during his night shift at a facility in Sichuan province on September 26, 2016. While China is home to most of the bitcoin network’s computational power, Beijing has been cracking down mining recently over concerns related to financial stability and energy use. Photo: EPA A bitcoin miner inspects a malfunctioning mining machine during his night shift at a facility in Sichuan province on September 26, 2016. While China is home to most of the bitcoin network’s computational power, Beijing has been cracking down mining recently over concerns related to financial stability and energy use. Photo: EPA
A bitcoin miner inspects a malfunctioning mining machine during his night shift at a facility in Sichuan province on September 26, 2016. While China is home to most of the bitcoin network’s computational power, Beijing has been cracking down mining recently over concerns related to financial stability and energy use. Photo: EPA
Blockchain

China’s bitcoin crackdown pushes miners out of Xinjiang, Qinghai as Baidu and Weibo censor related internet searches

  • Qinghai province and the western Xinjiang region have ordered cryptocurrency mines to shut down amid an ongoing bitcoin crackdown from Beijing
  • China’s dominant internet search engine Baidu and microblogging platform Weibo also censored searches for three major cryptocurrency exchanges

Topic |   Blockchain
A bitcoin miner inspects a malfunctioning mining machine during his night shift at a facility in Sichuan province on September 26, 2016. While China is home to most of the bitcoin network’s computational power, Beijing has been cracking down mining recently over concerns related to financial stability and energy use. Photo: EPA A bitcoin miner inspects a malfunctioning mining machine during his night shift at a facility in Sichuan province on September 26, 2016. While China is home to most of the bitcoin network’s computational power, Beijing has been cracking down mining recently over concerns related to financial stability and energy use. Photo: EPA
A bitcoin miner inspects a malfunctioning mining machine during his night shift at a facility in Sichuan province on September 26, 2016. While China is home to most of the bitcoin network’s computational power, Beijing has been cracking down mining recently over concerns related to financial stability and energy use. Photo: EPA
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