China May Limit Bitcoin Mining, Reducing the Industry’s Geographic Centralization

The post China May Limit Bitcoin Mining, Reducing the Industry’s Geographic Centralization appeared first on CCN

China’s central bank has reportedly told a prominent government internet finance group that while it does not have the authority to regulate bitcoin mining directly, it can instruct local governments to implement regulations that cause bitcoin mining to become less profitable. China’s Central Bank Looks to Scale Down Domestic Bitcoin Mining According to Reuters, an

The post China May Limit Bitcoin Mining, Reducing the Industry’s Geographic Centralization appeared first on CCN

Comments

comments

Facebooktwittergoogle_plusredditpinterestlinkedinmail