News Snapshot:
News Bitmain Suspends Sales of Bitcoin Mining Machine Amid China Crackdown Bitmain Technologies Ltd., one of the industryâs largest Bitcoin  mining machine manufacturers, has suspended sales of Bitcoin mining machinery just days after Chinaâs crackdown on the Bitcoin mining industry, per Bloomberg . Bitmain said yesterday that it has paused selling new equipment following a 75% price drop on mining machinery. A confluence of different factors has reportedly led to this shift. Colin Wu, a crypto journalist in China, has reported that as miners shut down their machines, they are also selling those used machines second-hand, which is also...
