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What areas would you like to learn more about? Leave this field empty if you're human: Copyright 2021 Expansion Global, LLC. All rights reserved. China's Bitcoin crackdown drives miners toward freewheeling Texas Posted on Nikkei Asia TOKYO — As China’s clampdown on cryptocurrency drives miners out of a country that had dominated the industry, the U.S. state of Texas is emerging as a destination of choice thanks to cheap electricity and a more welcoming environment. Despite its abundance of fossil fuels and wind power, however, the state is struggling with its own power supply issues. Shenzhen-based BIT Mining plans to...
