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China Cracks Down On Illegal Bitcoin Miners; Seizes Over 3500 Rigs

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China is known for being very vocal against the use of cryptocurrency and its mining. Once a Bitcoin mining powerhouse, the country is now cracking down on crypto by seizing equipment and raising electricity prices. Last year, the country announced a full-fledged crypto mining ban citing environmental reasons. Multiple provinces of China have reported the

The post China Cracks Down On Illegal Bitcoin Miners; Seizes Over 3500 Rigs appeared first on CoinGape.

Source: coingape.com