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FinTecBuzz

IBC Group to end Bitcoin and Ethereum Mining in China

Crypto Currencies

IBC Group to end Bitcoin and Ethereum Mining in China

July 6, 20217 min

Khurram Shroff led IBC Group has responded to the Chinese decision to crackdown on cryptocurrency mining within their territory, by deciding to close all its Bitcoin and Ethereum mining facilities across China. The IBC Group will move its staff to new locations; including UAE, Canada, USA, Kazakhstan, Iceland, and various South American countries. The IBC group has significant Bitcoin and Ethereum mining operations across China and has over 1500 people employed in more than 40 cities. The...

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