BTC logo
BTC
$111,180.99
0.27%
ETH logo
ETH
$4,047.08
0.26%
USDT logo
USDT
$1.0005
0.04%
BNB logo
BNB
$1,185.66
0.81%
XRP logo
XRP
$2.4490
1.28%
SOL logo
SOL
$196.77
2.09%
USDC logo
USDC
$0.9999
0.00%
TRX logo
TRX
$0.3220
1.63%
DOGE logo
DOGE
$0.1991
0.69%
ADA logo
ADA
$0.6772
1.29%
HYPE logo
HYPE
$39.14
0.15%
LINK logo
LINK
$18.40
0.60%
USDE logo
USDE
$1.0001
0.04%
XLM logo
XLM
$0.3291
0.81%
BCH logo
BCH
$524.28
0.69%
SUI logo
SUI
$2.6945
5.89%
AVAX logo
AVAX
$22.10
0.64%
WBT logo
WBT
$42.09
1.34%
LEO logo
LEO
$9.6275
0.03%
HBAR logo
HBAR
$0.1823
1.11%
BTC logo
BTC
$111,180.99
0.27%
ETH logo
ETH
$4,047.08
0.26%
USDT logo
USDT
$1.0005
0.04%
BNB logo
BNB
$1,185.66
0.81%
XRP logo
XRP
$2.4490
1.28%
SOL logo
SOL
$196.77
2.09%
USDC logo
USDC
$0.9999
0.00%
TRX logo
TRX
$0.3220
1.63%
DOGE logo
DOGE
$0.1991
0.69%
ADA logo
ADA
$0.6772
1.29%
HYPE logo
HYPE
$39.14
0.15%
LINK logo
LINK
$18.40
0.60%
USDE logo
USDE
$1.0001
0.04%
XLM logo
XLM
$0.3291
0.81%
BCH logo
BCH
$524.28
0.69%
SUI logo
SUI
$2.6945
5.89%
AVAX logo
AVAX
$22.10
0.64%
WBT logo
WBT
$42.09
1.34%
LEO logo
LEO
$9.6275
0.03%
HBAR logo
HBAR
$0.1823
1.11%
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China's Bitcoin Mining Crackdown Is a Boon for Miners Elsewhere

Miners outside of China are getting a financial boost from their competition’s forced exile. Will the trend continue?

By David Z. Morris
Updated May 9, 2023, 3:21 a.m. Published Jun 30, 2021, 12:53 p.m.
Warehouses storing bitcoin mining machines stand at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017.
Warehouses storing bitcoin mining machines stand at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017.