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Why the ‘great China Bitcoin mining crackdown’ fell short of early claims

December 18, 2025 by DIGIT
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Why the ‘great China Bitcoin mining crackdown’ fell short of early claims

Data suggests that fears about Xinjiang-related Bitcoin mining have overstated the impact, with hashrate losses proving brief and driven partly by US power curtailments.

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  • bitcoinBitcoin(BTC)$86,996.000.55%
  • ethereumEthereum(ETH)$2,917.343.10%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$838.270.59%
  • rippleXRP(XRP)$1.83-0.15%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$122.35-0.19%
  • tronTRON(TRX)$0.2786070.46%
  • staked-etherLido Staked Ether(STETH)$2,917.473.14%
  • dogecoinDogecoin(DOGE)$0.1255680.66%