BTC logo
BTC
$108,938.51
0.67%
ETH logo
ETH
$3,936.49
0.08%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,158.72
0.23%
XRP logo
XRP
$2.3806
1.58%
SOL logo
SOL
$189.61
2.95%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3202
2.90%
DOGE logo
DOGE
$0.1920
2.62%
ADA logo
ADA
$0.6596
1.35%
HYPE logo
HYPE
$37.60
6.04%
LINK logo
LINK
$17.85
0.89%
USDE logo
USDE
$1.0000
0.03%
XLM logo
XLM
$0.3199
1.18%
BCH logo
BCH
$516.26
1.01%
SUI logo
SUI
$2.6168
2.93%
AVAX logo
AVAX
$21.47
1.32%
WBT logo
WBT
$41.54
0.35%
LEO logo
LEO
$9.6408
0.06%
HBAR logo
HBAR
$0.1766
1.69%
BTC logo
BTC
$108,938.51
0.67%
ETH logo
ETH
$3,936.49
0.08%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,158.72
0.23%
XRP logo
XRP
$2.3806
1.58%
SOL logo
SOL
$189.61
2.95%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3202
2.90%
DOGE logo
DOGE
$0.1920
2.62%
ADA logo
ADA
$0.6596
1.35%
HYPE logo
HYPE
$37.60
6.04%
LINK logo
LINK
$17.85
0.89%
USDE logo
USDE
$1.0000
0.03%
XLM logo
XLM
$0.3199
1.18%
BCH logo
BCH
$516.26
1.01%
SUI logo
SUI
$2.6168
2.93%
AVAX logo
AVAX
$21.47
1.32%
WBT logo
WBT
$41.54
0.35%
LEO logo
LEO
$9.6408
0.06%
HBAR logo
HBAR
$0.1766
1.69%
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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.