24-07-2021 14:45 via feedproxy.google.com

Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs

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Insider spoke to two bitcoin mining industry executives about the state of the industry after China's crackdown.The drop in bitcoin's hashrate as a result of the ban has made mining more profitable and easier than ever, Riot Blockchain CEO said.US mining companies are also facing a flood of demand from Chinese miners looking to house mining operations.
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