China’s crackdown on bitcoin mining has probably already made the network greener — for now
Quick Take
- Xinjiang said to have shut down nearly two gigawatts of coal-based bitcoin miners.
- Sichuan has also ordered some miners to shut down.
- The global environmental implications for the bitcoin network depend on where China’s miners decide to move.
This feature story is available to
subscribers of The Block Daily.
You can continue reading
this Daily feature on The Block.
Go to Source
Author: Wolfie Zhao
