Bitcoin dumps China: Firm shifts 300 miners to Kazakhstan


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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Chinese firm to move thousands of Bitcoin miners to Central Asia BTC mining installations are shifting flawlessly Chinese ban could be good for crypto Bitcoin has been in the news as a major target of China’s current crackdown, but it seems like the crypto is somehow winning the battle. Since May, China has been on offensive against BTC miners in the country, forcing a great number of them to relocate their mining operations to other countries that aren’t hostile to cryptos. The shutdown of numerous mining rigs in China has brought down Bitcoin’s hash rate because China-based miners account for...