Bitcoin Miners Are Moving Out Of China

Bitcoin Miners Are Moving Out Of ChinaThe bitcoin mining hub has slowly been losing its dominance in the global hash market.Author:Lucas NuzziPublish date:Jun 10, 2021The bitcoin mining hub has slowly been losing its dominance in the global hash market.Over the past few weeks, Bitcoin markets have had to deal with a swarm of bad news coming out of China.It started with rumors that miners in Sichuan had gone offline after the province limited energy-intensive industrial activities, such as Bitcoin mining.Then came a joint statement by three of China's top financial self-regulatory organizations reminding the public of the country's 2017 ban…