Bitcoin plunges mining as china sichuan

Bitcoin (BTC) price drops on China crypto mining crackdown

21.6.2021 — China’s crackdown on cryptocurrency mining has extended to the southwestern province of Sichuan, according to reports.

Bitcoin sank to a two-week Monday on reports that China has intensified its crackdown on cryptocurrency mining.

Crypto mining crackdown intensifies in China – Protocol

China continues its crypto mining crackdown – Protocol

21.6.2021 — China’s Sichuan Province halted more than two dozen crypto mining … As a result, bitcoin’s price plunged to a two-week low on Monday, …

China doesn’t have a crypto mining ban in place, but Sichuan Provence authorities are the latest to place additional limits on bitcoin mining. A government order issued by two local authorities ordered 26 crypto mining companies to shut down by Sunday. As a result, bitcoin’s price plunged to a two-week low on Monday, according to CNBC.

Bitcoin dreams dry up in China as country’s last mining refuge …

Bitcoin dreams dry up in China as country’s last mining refuge falls in line with Beijing amid national crackdown | South China Morning Post

25.6.2021 — Bitcoin mining companies in Sichuan, once held up as model consumers of abundant hydropower, now face a hostile government amid Beijing’s …

Bitcoin mining companies in Sichuan, once held up as model consumers of abundant hydropower, now face a hostile government amid Beijing’s cryptocurrency crackdown.

China to shut down over 90% of its Bitcoin mining capacity …

China to shut down over 90% of its Bitcoin mining capacity after local bans – Global Times

20.6.2021 — Many Bitcoin mines in Southwest China’s Sichuan Province – one of China’s largest cryptocurrency mining bases – were closed as of Sunday, …

Many Bitcoin mines in Southwest China’s Sichuan Province – one of China’s largest cryptocurrency mining bases – were closed as of Sunday, according to after local authorities ordered a halt to mining in the region on Friday amid an intensified nationwide crackdown against cryptocurrency mining.

Bitcoin Hashrate Falls 17% Overnight After China Mining …

Bitcoin Hashrate Falls 17% Overnight After China Mining Crackdown – Decrypt

20.6.2021 — The Bitcoin network’s hashrate slowed after authorities in China’s Sichuan province cut the power on 26 mining farms.

The processing speed of the Bitcoin network dropped after Sichuan authorities ordered local energy companies to cut power to 26 mining pools.

Bitcoin Plunges as Chinese Province Pulls Plug on Crypto …

Bitcoin Plunges as Chinese Province Pulls Plug on Crypto Mining

21.6.2021 — The bitcoin mining facilities of Sichuan Province received an order on Friday to stop doing business by Sunday, according to Chinese state media …

Chinese state media reports 90% of China’s bitcoin mining could be coming offline.

China’s cryptocurrency-mining crackdown spreads to Sichuan

China’s cryptocurrency-mining crackdown spreads to Sichuan | Reuters

18.6.2021 — Sichuan is China’s second-biggest bitcoin mining province, according to data compiled by the University of Cambridge. Some miners move their …

China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining centre.

Bitcoin hashrate plunges as Chinese crypto mining crackdown …

Bitcoin hashrate plunges as Chinese crypto mining crackdown hits Sichuan

21.6.2021 — The Bitcoin hashrate plunged over the weekend following a clampdown on cryptocurrency mining by the southwestern Chinese province of Sichuan …

The Bitcoin hashrate plunged over the weekend following a clampdown on cryptocurrency mining by the southwestern Chinese province of Sichuan.

Why China’s kicking out the crypto miners

22.6.2021 — Bictoin mining machines are running at a bitcoin farm in China’s Sichuan provinceAP. The news: China’s intensifying crackdown has sent …

‘Great mining migration’: Power-hungry Bitcoin leaves China

‘Great mining migration’: Power-hungry Bitcoin leaves China | China Dialogue

17.11.2021 — A Bitcoin mine built next to a hydropower station in Sichuan, southwest China. … Bitcoin mining in China free-falls.

Responsibility for addressing the cryptocurrency’s rising energy appetite is now shifting to countries like the US, Canada and Kazakhstan