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Anhui Joins Growing List of Chinese Provinces to Ban Bitcoin Mining

source-logo  coingape.com 14 July 2021 10:10, UTC

The Eastern Chinese province of Anhui has become the latest region in the country to impose a complete ban on Bitcoin mining activities owing to power shortage. The officials said it would help them in easing up acute power shortage issues for the next three years. The number of Bitcoin and crypto mining farms in China have already declined to near zero due to the ongoing crackdown by the authorities that started in late May.

coingape.com