Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations
Authorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province. China has been reported to have been controlling two-thirds of the global Bitcoin hashrate, while Sichuan has been accounted for over … Continue reading Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations