October 14, 2021

I DOUBT THE CRYPTO BANS WILL STOP WITH CHINA: This is the true scale of China’s bitcoin exodus. “The figures, gathered by the Cambridge Centre for Alternative Finance (CCAF) found that by the end of August 2021, the percentage of bitcoin mining taking place in China had ‘effectively dropped to zero’. That is a staggering reversal for a country that, as late as September 2019, was believed to be home to 75.53 percent of global bitcoin mining operations.”

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