China’s ban forces some bitcoin miners to flee overseas, others sell out
Fri Jun 25 2021
Rachel Long (528 articles)

China’s ban forces some bitcoin miners to flee overseas, others sell out

China’s sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.

Tags Bitcoin, China
Rachel Long

Rachel Long

Rachel Long is our Desk Correspondent covering Stock Markets across the globe. She is based in New York