China’s Bitcoin Miners Begin Exodus amid Government Crackdown

By Rahul Nambiampurath

The post China’s Bitcoin Miners Begin Exodus amid Government Crackdown appeared first on CCN

Some news reports have started to emerge indicating that China may discourage bitcoin mining operations in the country by curbing their access to electricity. The move, however, may not affect all miners as the People’s Bank of China has only laid down a plan affecting a small subset of all mining companies in a meeting

The post China’s Bitcoin Miners Begin Exodus amid Government Crackdown appeared first on CCN

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Source: www.cryptocoinsnews.com