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Alibaba in China will no longer sell cryptocurrency mining machines.

News Snapshot:

The Cainiao Smart Logistics Network warehouse in Wuxi, China’s eastern Jiangsu Province, loads merchandise onto shelves that are then moved by robots, according to the logistics affiliate of e-commerce giant Alibaba. Employees at the warehouse load merchandise onto shelves that are then moved by robots. This photograph was provided by AFP/Hector Retamal with permission. (Photo courtesy of Getty Images) According to Alibaba, the Chinese e-commerce giant, it will no longer offer bitcoin mining equipment starting on Monday. According to a broad statement released on Friday, any bitcoin commerce within the country is prohibited by the Chinese government. This new prohibition…

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