By Joe Downie of NiceHash
In May 2021, China took its latest step in a long-running campaign to ban cryptocurrencies.
It imposed a full-scale legal ban on crypto mining in 6 regions of the country. The “China Exodus” has effectively forced committed crypto miners (especially those reliant on mining for their income) to relocate and find other regions to focus their mining operations.
Though, this is hardly surprising. China has been banning elements of cryptocurrency from as early as 2013, when it first restricted banks from utilising Bitcoin (BTC). This was....More>>>