Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China

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Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South ChinaChina-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan have been threatened by local authorities. Sources say a hydropower station discharge sparked a […]

The post Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China appeared first on Bitcoin News.

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