Bitcoin mining could be on its last legs in China.
The country’s top internet-finance regulator, issued a notice asking local governments to “guide” bitcoin-mining operations to make an “orderly exit” from the business, Bloomberg and Reuters reported that China is planning to limit electricity supply to bitcoin miners.
Cleaning up. (Aurelien Foucault for Quartz)
could this be the beginning of the end of China’s dominance in bitcoin mining .
And most importantly what it means for bitcoin it self and the whole cryptocurrency world ?.
Digging for digital gold. (Aurelien Foucault for Quartz)