South China

Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China

China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan have been threatened by local authorities. Sources say a hydropower station discharge sparked a...
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Bitcoin (BTC) $ 104,294.94 0.16%
Ethereum (ETH) $ 2,485.02 0.65%
Tether (USDT) $ 1.00 0.00%
XRP (XRP) $ 2.14 0.21%
BNB (BNB) $ 652.27 0.28%
Solana (SOL) $ 154.16 1.38%
USDC (USDC) $ 1.00 0.00%
Dogecoin (DOGE) $ 0.189941 0.28%
TRON (TRX) $ 0.268802 0.11%
Cardano (ADA) $ 0.667431 0.54%