The authorities of the Chinese province of Sichuan demanded to stop the activities of “key” miners and forbade local energy companies to supply them with electricity. According to the portal, on June 18, the Sichuan Provincial Development and Reform Commission and the local Department of Energy...
The prolonged rainy season in Sichuan has led to a sharp drop in the hash rate of the largest Chinese mining pools. More than half of the computing power used for bitcoin mining is currently concentrated in this region. Since last week, the region has been raining heavily, which has already led to...
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