Sichuan defers China’s bitcoin crackdown to exploit excess hydropower – South China Morning Post

  • Sichuan has told bitcoin miners they have until September to leave the province, allowing them to take advantage of the region’s abundant summer hydropower
  • A recent bitcoin crackdown in China comes amid concerns about volatile prices and energy consumption as the country tries to meet ambitious emissions goals

Topic |   Bitcoin

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Coco Feng

Updated: 7:00pm, 7 Jun, 2021