News Snapshot:
China Clamps Down on Cryptocurrency Miners 2 min read March 2, 2021 cryptheory Inner Mongolia, which is estimated to be responsible for around 8% of the Bitcoin mining activity, is set to ban cryptocurrency mining Move by Inner Mongolia regional authorities has sent the price of Bitcoin spiking, but most cryptocurrency activities for the Chinese tend to be located offshore anyway, with the exception of mining First they came for the ICOs, and I did not speak out – Because I never launched an ICO Then they came for the exchanges, and I did not speak out – Because I...
