LAN network cables are plugged into a bitcoin mining computer server. Photo: Reuters LAN network cables are plugged into a bitcoin mining computer server. Photo: Reuters
LAN network cables are plugged into a bitcoin mining computer server. Photo: Reuters
Bitcoin

China’s bitcoin crackdown: Fourth-largest bitcoin-producing province joins the country’s moves against crypto mining

  • Yunnan, which ranks fourth in China in terms of bitcoin hashrate, has promised to shut down any company in violation of the new rules by the end of June
  • China accounts for 65 per cent of the global bitcoin hash rate, according to the Cambridge Bitcoin Electricity Consumption Index

Topic |   Bitcoin
LAN network cables are plugged into a bitcoin mining computer server. Photo: Reuters LAN network cables are plugged into a bitcoin mining computer server. Photo: Reuters
LAN network cables are plugged into a bitcoin mining computer server. Photo: Reuters
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