News Snapshot:
Key facts: The drop in the hash rate is equivalent to just over 2% with the new restrictive measures. State Grid, the state energy company, calls for expanding the ban to the entire country. The Chinese provinces of Henan, Gansu and Anhui have decided to ban the mining of bitcoin and other cryptocurrencies in their territory, in order to reduce electricity consumption. In this way, they join the other five territories in this country that had previously restricted this activity. Other provinces are expected to do the same in the short term. The news was confirmed by local media in...
