China Forces Crypto Miners to Close Shop Causing Bitcoin Price to Plummet

China Forces Crypto Miners to Close Shop Causing Bitcoin Price to Plummet

China Flag with Mining EquipmentChina started closing down Bitcoin mining operations as it sees the crypto activities as a threat to the environment; on top of that, the decentralized network and unregulated business operations can open avenues for illegal activities. China has the most extensive crypto mining operations globally; this crackdown resulted in over 90% of these mines being

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