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Crypto Crackdown: Bitmain to Stop Shipping Antminers to China This October

October 11, 2021
Source: coingape.com coingape.com
News Snapshot:
Bitmain, the largest Bitcoin mining equipment manufacturer in China has announced it will stop shipping its flagship product, the Antimer, to China in response to the regulatory crackdown ongoing in the country. As announced by the firm, the suspension of its Antminer shipping will commence on Monday 11th of October, and it will only affect its customer demands in mainland China. Bitmain said that Taiwan and Hong Kong will be unaffected by the new decision. In a bid to further identify with the federal government’s efforts to reduce carbon emissions, the company said it has acquired clean energy-derived indicators to...
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Tags: bid | bitcoin | blockchain | BTC | Business | carbon emission | China | Chinese | chips | clean energy | climate change | corporate social responsibility | crackdown | crypto | currency | customer | Dubai | fintech | Hong Kong | Latin America | manufacturer | shipping | Taiwan | Xinjiang | Yunnan

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