News Snapshot:
Bitcoin Ethereum News New York Stock Exchange-listed cryptocurrency mining company, BIT Mining has announced that it has shipped a total of 320 mining machines from its data center in Sichuan, China to a new site in Kazakhstan. Per the update shared by the firm, the hardware relocation became necessary as the Chinese government reportedly cut the energy supply to its subsidiary, Ganzi Changhe Hydropower Consumption Service Co. Ltd. The development from China indicates Beijing is stern with its ban on mining activities , a recurrent trend the crypto ecosystem has witnessed in the past years. The clampdown on mining activities...
