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China Accelerates Search for Disguised Crypto Miners

September 17, 2021
Source: yahoo.com yahoo.com
News Snapshot:
BeInCrypto – The Chinese government continues its tough campaign against cryptocurrencies through new inspections to uncover disguised miners. The Chinese government continues its hard on crypto stance with a series of new surveillance sweeps. This latest campaign targets crypto miners in disguise. In light of the intense crackdowns on mining operations, many went undercover as data researchers and educational or storage facilities. According to a Bloomberg report, an anonymous Chinese miner said he maintains his operations through strategic movements. He says he switches the facilities which house his machines, so it is more difficult to detect irregular power usage. This...
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Tags: bitcoin | blockchain | Bloomberg | China | Chinese | crypto | currency | data | fintech | government | IT | power | report | search | storage | surveillance

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