China Cryptocurrency Crackdown: Experts Say that Crypto Mining Would Be 'Lucrative' After Decrease In the Number of Miners


Source: vnexplorer.net vnexplorer.net

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China Cryptocurrency Crackdown: Experts Say that Crypto Mining Would Be 'Lucrative' After Decrease In the Number of Miners 24/06/2021 With the recent cryptocurrency crackdown that happened in China, bitcoin mining could sooner become more “lucrative,” according to the experts. Chinese crypto miners have been affected by the government’s implementations when it comes to mining. The authorities cited that such activity does harm to the environment. After the announcement, many bitcoin miners have gone to other places to start their operations anew. One report said that those who have been expelled in the country went to Texas to start new bitcoin...