The challenge (and opportunity) for the bitcoin mining industry as a crackdown in China looms

Quick Take

  • Miners are exploring their options after China’s central government cabinet recently discussed a potential crackdown on bitcoin mining and trading.
  • The uncertainty has created a challenge for China’s miners and an opportunity for foreign hosting facilities.
Some form of a crackdown on China's bitcoin mining industry seems inevitable. Now many miners are looking to move overseas.

Subscribe to The Block News+ to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly


per year
Join Now


per month
Join Now


If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Trending Stories