Chinese Police Uncover Several Illegal Bitcoin Mining Sites

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Author: Jimmy Aki Last Updated: 03 June 2020 China’s government has been taking a hard stance against several aspects of the cryptocurrency industry for months, but have only recently started a campaign against mining. However, a new discovery could harden Beijing against the activity and force lasting legislation against it. More Reasons for Beijing to Ban Bitcoin Mining Last weekend, local news source Beijing News reported that law enforcement agents had found an illegal crypto mining operation in Daqing, a city in the northern region of the country. As the report explained, the operation was based out of hat appeared...