Several Chinese Bitcoin Mining Operations are Shutting Down, Local Sources Claim

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TheMerkle chinese mning operations shutting downAn interesting sea change is flowing through China as we speak. Although the country is still the biggest powerhouse when it comes to Bitcoin mining, multiple operations have reportedly shut their doors in the past few weeks. It is thought a lot of individuals will sell their ASIC hardware and move on to other ventures. If there is any truth to these claims, China may become an afterthought in the world of cryptocurrency sooner or later. What is Going on With Chinese Bitcoin Miners? Ever since the main Bitcoin exchanges in China halted CNY trading, there has been a lot of confusion and fake

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