Why the ‘great China Bitcoin mining crackdown’ fell short of early claims

Dec 18, 2025 - 11:30
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Why the ‘great China Bitcoin mining crackdown’ fell short of early claims

Why the ‘great China Bitcoin mining crackdown’ fell short of early claims

Data suggests that fears about Xinjiang-related Bitcoin mining have overstated the impact, with hashrate losses proving brief and driven partly by US power curtailments.

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