May 28, 2021
6 min read
The Mining Situation in China
China has announced many times a ban on cryptocurrency, however, this was never a blanket ban. The crypto mining industry was very profitable to be shut down, so the Chinese government didn’t crack down on it but allowed miners to keep their operations intact.
Meanwhile, the population is still allowed to hold cryptocurrencies. The exchanges in mainland China were shut down in September 2017 and also the…
