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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)$70,776.009.86%
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  • rippleXRP(XRP)$1.4816.60%
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  • bitcoinBitcoin(BTC)$70,776.009.86%
  • ethereumEthereum(ETH)$2,073.369.80%
  • tetherTether(USDT)$1.000.08%
  • rippleXRP(XRP)$1.4816.60%
  • binancecoinBNB(BNB)$659.937.31%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$88.1015.38%
  • tronTRON(TRX)$0.2745091.84%
  • dogecoinDogecoin(DOGE)$0.0987219.85%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.25%