Beijing Amplification of the Crypto Crackdown Hit China Bitcoin Mining Business!


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by: Frankie Stein Beijing Amplification of the Crypto Crackdown Hit China Bitcoin Mining Business! Bitcoin mining is a process of verifying bitcoin transaction and processing the transaction on the public ledger; the entire bitcoin mining progression is complexed on a proof of work, which requires every participant to be involved in the system, the process of bitcoin mining requisite an intensified bitcoin mining rig, a bitcoin mining software and a robust source of electricity. The global bitcoin mining chain’s most significant contributor is china. The fact might amaze you that the annualized energy consumption of electricity in China is even...