China Mining Operations

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

China-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...
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Bitcoin (BTC) $ 83,195.29 2.59%
Ethereum (ETH) $ 1,581.38 4.13%
Tether (USDT) $ 1.00 0.01%
XRP (XRP) $ 2.10 2.49%
BNB (BNB) $ 581.71 2.83%
Solana (SOL) $ 125.80 4.86%
USDC (USDC) $ 1.00 0.00%
Dogecoin (DOGE) $ 0.161972 3.70%
TRON (TRX) $ 0.25251 2.37%
Cardano (ADA) $ 0.634948 3.63%