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Private investors do operate these Chinese bitcoin mines. But it is under the encouragement of the Chinese government. Who is to say that these energy intensive businesses operating in far flung Chinese towns had some investment directly or indirectly from local officials

https://www.washingtonpost.com/world/asia_pacific/in-chinas-tibetan-highlands-the-bizarre-world-of-bitcoin-mining-finds-a-new-home/2016/09/12/7729cbea-657e-11e6-b4d8-33e931b5a26d_story.html?utm_term=.5f3e7145656f

Thanks. Interesting link