South China

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) $ 84,983.77 2.11%
Ethereum (ETH) $ 1,617.73 4.03%
Tether (USDT) $ 0.999985 0.02%
XRP (XRP) $ 2.14 6.28%
BNB (BNB) $ 594.17 1.42%
Solana (SOL) $ 132.32 9.68%
USDC (USDC) $ 1.00 0.00%
Dogecoin (DOGE) $ 0.165877 4.53%
Cardano (ADA) $ 0.651236 4.96%
TRON (TRX) $ 0.24635 1.74%