Bitcoin

in Cryptocurrency4 years ago

#Bitcoin miners are moving out of China.

"The latest sell-off was by Chinese miners that have sold part of their holdings in order to escape the latest wave of enforcement actions by the Chinese Communist Party."

Written by @LucasNuzzi.

https://t.co/865bXj7J84 https://t.co/WWrAEnkZDH

Source https://bitcoinmagazine.com/.amp/business/bitcoin-miners-moving-out-china?__twitter_impression=true

img_0.6315320032486753.jpg

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Interesting. I guess if the mining is moving out of China, a dump has to happen, and it makes sense. You can see other dumps like the one around coronavirus.