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Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst China’s crackdown on ( BTC ) mining may have unintended benefits for BTC price action, one analyst suggests. In a tweet on June 18, Charles Edwards, CEO of investment firm Capriole, argued that the Chinese miner exodus was already lowering Bitcoin’s potential price floor. Bitcoin production cost vs. chart. Source: Charles Edwards/ Twitter Continue Reading on Coin Telegraph Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are...
