The spreading global crackdown on cryptocurrencies, particularly in China, has forced bitcoin miners to start fleeing the country. Boom Bust co-host and crypto analyst Ben Swann gives his insight. “Bitcoin miners are selling their equipment like it is scrap metal,” he says, adding, “Essentially, they are fleeing the country for the most part because you cannot mine, specifically in the Sichuan province, where a lot of this mining took place. In fact, it was the province in which about half of all the world’s bitcoin supply was being mined – no more.” “The Chinese government is not playing around” with its warnings, they are very seriou
Hence then, the article about rt s boom bust looks at accelerating crypto crackdown across the world was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( RT’s Boom Bust looks at accelerating crypto crackdown across the world )