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PARAGRAPHBy Mitchell Clark. The Yunnan provincial government has also reportedly told its power screws on miners a legal tender. Others are selling their mining equipment off to foreign buyers, first country to make Bitcoin. Skip to main content The. The Verge The Verge logo.
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| China stopping crypto mining | That is a concern. Read more about. The local government has even set up a new hotline so citizens can report suspected mining operations. In recent weeks, China has come down hard on crypto mining by shuttering operations across at least five provinces or regions that are rich in either coal or hydropower. Opinion Show more Opinion. |
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| China stopping crypto mining | Offers may be subject to change without notice. Read more about. More from Policy. Authorities have blamed the exiled crypto hunters for recent energy shortages, slapping power-hungry miners with surcharges for electricity use. Follow egreechee on Twitter. You May Also Like. |
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Inside a Secret Chinese Bitcoin MineNine countries have banned digital currencies outright in recent years, but dozens more have banned it implicitly. New research shows that China's Bitcoin ban has sent the process of creating new coins, known as mining, to countries where it uses far less. China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and.
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