China has shut down all major Bitcoin mining farms in Yunnan province By BTC Peers – Investing.com

china mining bitcoin yunnan farms
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China has shut down all major Bitcoin mining farms in Yunnan province By BTC Peers – Investing.com

According to Kevin Zhang, the vice president of crypto mining firm Foundry, Yunnan officials have moved to shut down all major mining facilities in the southwestern province.

Citing an anonymous source, Zhang said on Wednesday that the latest crackdown efforts were related to China’s 100thCommunist Party anniversary that was celebrated on July 1.

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