News Snapshot:
Leading Bitcoin mining rig manufacturer Bitmain Technologies Ltd has reportedly stopped the sales of mining rigs following the Chinese crackdown on crypto mining. Influx Of Secondhand Sellers Causes Bitmain To Stop Sales The Beijing mining giant decided to halt sales of machines for spot delivery due to the high rate of secondhand Bitcoin miners selling mining machines in China. There's been a 75% plunge in prices of top-tier mining rigs in China due to the influx of miners in the local market, Bloomberg reports. This comes amid a wider crackdown on the crypto market in China. Bitmain has not revealed...
