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Bitcoin Mining Firms Thriving in China Despite Ban

Bitcoin Mining Firms Thriving in China Despite Ban

Despite the ban on Bitcoin mining in China, the industry appears to be thriving. A report by CoinDesk published on May 17 says that – “according to the CCAF’s Bitcoin Electricity Consumption Index (CBECI), which maps the mining activity around the world based on the geolocational data reported by partnering pools” – China was the second largest Bitcoin mining hub (after the U.S.)








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