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Not So Great Wall: How China Failed Miserably To Ban Bitcoin Mining Bitcoinist.com

May 26, 2022
Source: honestcolumnist.com honestcolumnist.com
News Snapshot:
[Crypto currency] Not So Great Wall: How China Failed Miserably To Ban Bitcoin Mining | Bitcoinist.com The China ban on Bitcoin mining back in 2021 had one of the greatest impacts on the space. On the back of this, the price of the digital asset had gone on a massive downtrend as the hashrate out of the mining capital of the world had dropped to nearly zero. However, less than one year after the total ban was announced, mining has picked back up in the region which suggests that all of China’s efforts to stop mining activities in the country...
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Tags: accounting | ban | bitcoin | blockchain | boycott | BTC | Canada | capital | China | crypto | currency | digital | energy | finance | fintech | government | Great Wall | IT | Japan | Kazakhstan | revenue | Russia | social media | Twitter | United States

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