China Introduces New Rules for Bitcoin Mining Operations

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TheMerkle China Bitcoin MiningMost people are well aware of how the majority of Bitcoin mining takes place in China. Not only is this a centralization problem, it also means China is still dictating the Bitcoin landscape to a certain extent. Last week, news broke that the Chinese government was cracking down on Bitcoin mining. It seems a portion of that information was vastly overstated, even though mining business operators were asked to exit the industry in an orderly fashion. The Future of Bitcoin Mining in China It was only a matter of time before the Chinese government turned its attention to other parts of the cryptocurrency industry which

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