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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)$85,596.00-0.42%
  • ethereumEthereum(ETH)$2,831.010.59%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$829.90-1.04%
  • rippleXRP(XRP)$1.82-2.22%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$119.74-2.07%
  • tronTRON(TRX)$0.2790640.03%
  • staked-etherLido Staked Ether(STETH)$2,830.550.53%
  • dogecoinDogecoin(DOGE)$0.123243-1.93%