U.S. Based Crypto Miners Reap the Benefits

The Chinese government’s crackdown on cryptocurrencies is once again in the news. According to¬†CNN, Chinese government agencies including the country’s securities regulator and the People’s Bank of¬†China¬†(PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and promised to punish illicit activities involving digital currencies. The first stages of the crackdown have already caused many crypto miners to leave¬†China¬†and set up operations elsewhere. In fact,¬†Texas¬†seems to be one of such desired...


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