China To Shut Down Three-Quarters Of The World s Bitcoin Mining Network

China To Shut Down Three-Quarters Of The World s Bitcoin Mining Network

China is reportedly programma a crackdown on bitcoin mining ter the country, a budge that could have a drastic influence on the value of the cryptocurrency.

Thanks to cheap electro-therapy, Chinese miners are estimated to be responsible for producing around three-quarters of the world&apos,s supply of bitcoin, but stringent measures that look set to be waterput te place overheen the coming months could see that number shrink dramatically. Read More