Crypto

China stripped Sichuan bitcoin miners of electricity

China continues to attack cryptocurrency mining farms. According to several sources, authorities in the Sichuan region, which is extremely rich in hydroelectric dams, began to cut off electricity.

These computer rigs, which consume a lot of electricity, perform the computations necessary to secure and record transactions on blockchains, and are rewarded in cryptocurrency. This is how bitcoins and other ethers are produced, which are then circulated in the market.

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