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More bitcoin mines closing

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Published: June 22nd, 2021,
Last updated: October 6th, 2022

China follows through with its announced crackdown on bitcoin miners. In Sichuan province, utilities are cutting power to 25 sites at the state’s behest. This is reported by the AFP news agency, citing reports on social networks in the People’s Republic. Earlier, the Beijing government had declared war on crypto mining on domestic soil (China.Table reported). The mines create new units of digital currencies and spend a lot of energy on them. fin

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