China’s bitcoin crackdown: Mining equipment, and carbon emissions, moving from the mainland to US


Source: scmp.com scmp.com

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Fenghua International Transportation, a Guangzhou-based logistics company which ships tons of goods round the world for clients including chilli sauce, is getting ready to airlift 3 metric tonnes of bitcoin mining equipment as China continues to push operators out of the country. The company recently posted a video on its WeChat channel showing it loading hundreds of boxes of bitcoin mining machines onto a truck headed to an airport in China. In the video, it says the shipment will arrive in the US in four to six days. A saleswoman at the company said the video had drawn substantial interest...