Chinese Miners Being Wooed By Other Countries Post Crypto Mining Ban

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In the aftermath of the mining ban in Sichuan, which shut down over 90% of the country’s crypto mining, Chinese miners are moving their operations to other, more crypto-friendly nations like the US, Kazakhstan, Canada, and Russia. Mining Operations Halted, Miners Consider Exodus Last Friday, the Sichuan district in China, which used to be a hub for crypto mining, saw a complete shut down of all mining operations. This was the final nail in the coffin for crypto mining in the country, as the government had been imposing similar bans in other districts for quite some time. Most crypto miners...