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The challenge (and opportunity) for the bitcoin mining industry as a crackdown in China looms
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Quick Take
- Miners are exploring their options after China’s central government cabinet recently discussed a potential crackdown on bitcoin mining and trading.
- The uncertainty has created a challenge for China’s miners and an opportunity for foreign hosting facilities.
Some form of a crackdown on China's bitcoin mining industry seems inevitable. Now many miners are looking to move overseas.
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