London Daily

Focus on the big picture.
Thursday, Aug 28, 2025

China Crackdown on Bitcoin Mining Is a Driver for Clean BTC Mining Solutions – Fintechs.fi

China Crackdown on Bitcoin Mining Is a Driver for Clean BTC Mining Solutions – Fintechs.fi

China’s recent crackdown on Bitcoin mining has led to an increase in clean bitcoin mining operations, as a positive side product.

Despite cryptocurrency trading ban in the country since 2017, China still leads the world in crypto mining rigs. Accounting for nearly 70% of mining operations in the world. A number that has always worried the Chinese government.

With the government shutting down rigs due to environmental concerns, miners are now looking to clean energy solutions for their operations.

China’s History with Pollution

Pollution has been a problem in China since the 1970s. With the rise of industries, the country has seen a significant increase in pollution over the years. However China has improved over the years, and is not ranked in top 10 polluted countries anymore.

The air in Beijing was at one point being compared to smoking four packs of cigarettes a day. Although this has been proven, since the Beijing Olympics, when the city went through a cleaning phase.

China leads the world in terms of Bitcoin mining. With established technology supply chains and extremely cheap electricity, it makes it the perfect location for setting up Bitcoin mining rigs.

Bitcoin mining involves sophisticated computers solving cryptographic problems to verify each transaction. This process requires a lot of computing power, which requires a lot of energy to run these computers.

The major source of energy for Bitcoin mining is fossil fuel energy. Fossil fuel energy has been a major producer of pollutants in the world. Contributing 89% of all global CO2 emissions. According to this report from the intergovernmental Panel on Climate Change (IPCC).

It is no surprise then, that the government has turned its attention to a major consumer of energy; Bitcoin mining.

Shutting Down Bitcoin Mining Farms in China

China has shut down all mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces.

In a bid to cut down on energy consumption, China’s Inner Mongolia region has moved to put a ban on all new mining operations. The region has also shut down all Bitcoin mining rigs in the region.

Crypto mining farms have started looking to move their operations out of China. Leading to a mass exodus of mining rigs out of the mining headquarters of the world.

Others have started to look towards clean mining to hopefully evade similar crackdowns in the future.

Mining farms in Sichuan are still operational.

This is mainly due to the fact that the mining farms in Sichuan uses hydropower, producing significantly less pollution.

Clean power in Bitcoin mining has now risen to over 50% in the wake of the crackdown.

Mining operations like BTC.TOP and Huobi Hall have announced that they have suspended their operations in China. Huobi Hall is looking to export its mining rigs overseas. While BTC.TOP has announced that it will now mainly conduct its mining business in North America.

Source: China Crackdown on Bitcoin Mining Is a Driver for Clean BTC Mining Solutions – Fintechs.fi

Newsletter

Related Articles

0:00
0:00
Close
Bruce Willis Relocated Due to Advanced Dementia
French and Korean Nuclear Majors Clash As EU Launches Foreign Subsidy Probe
EU Stands Firm on Digital Rules as Trump Warns of Retaliation
Getting Ready for the 3rd Time in Its History, Germany Approves Voluntary Military Service for Teenagers
Argentine President Javier Milei Evacuated After Stones Thrown During Campaign Event
Denmark Confronts U.S. Diplomat Over Covert Trump-Linked Influence in Greenland
Starmer Should Back Away from ECHR, Says Jack Straw
Trump Demands RICO Charges Against George Soros and Son for Funding Violent Protests
Taylor Swift Announces Engagement to NFL Star Travis Kelce
France May Need IMF Bailout, Warns Finance Minister
Chinese AI Chipmaker Cambricon Posts Record Profit as Beijing Pushes Pivot from Nvidia
After the Shock of Defeat, Iranians Yearn for Change
Ukraine Finally Allows Young Men Aged Eighteen to Twenty-Two to Leave the Country
The Porn Remains, Privacy Disappears: How Britain Broke the Internet in Ten Days
YouTube Altered Content by Artificial Intelligence – Without Permission
Welcome to The Definition of Insanity: Germany Edition
Just a reminder, this is Michael Jackson's daughter, Paris.
Spotify’s Strange Move: The Feature Nobody Asked For – Returns
Manhunt in Australia: Armed Anti-Government Suspect Kills Police Officers Sent to Arrest Him
China Launches World’s Most Powerful Neutrino Detector
How Beijing-Linked Networks Shape Elections in New York City
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
2 Australian Police Shot Dead In Encounter In Rural Victoria State
Vietnam Evacuates Hundreds of Thousands as Typhoon Kajiki Strikes; China’s Sanya Shuts Down
UK Government Delays Decision on China’s Proposed London Embassy Amid Concerns Over Redacted Plans
A 150-Year Tradition to Be Abolished? Uproar Over the Popular Central Park Attraction
A new faith called Robotheism claims artificial intelligence isn’t just smart but actually God itself
Deputy Prime Minister Angela Rayner Purchases Third Property Amid Housing Tax Reforms Debate
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Italian Facebook Group Sharing Intimate Images Without Consent Shut Down Amid Police Investigation
Dutch Foreign Minister Resigns Amid Deadlock Over Israel Sanctions
Trump and Allies Send Messages of Support to Ukraine on Independence Day Amid Ongoing Conflict
China Reels as Telegram Chat Group Shares Hidden-Camera Footage of Women and Children
Sam Nicoresti becomes first transgender comedian to win Edinburgh Comedy Award
Builders uncover historic human remains in Lancashire house renovation
Australia Wants to Tax Your Empty Bedrooms
MotoGP Cameraman Narrowly Avoids Pedro Acosta Crash at Hungarian Grand Prix
FBI Investigates John Bolton Over Classified Documents in High-Profile Raids
Report reveals OpenAI pitched national ChatGPT Plus subscription to UK ministers
Labour set to freeze income tax thresholds in long-term 'stealth' tax raid
Coca‑Cola explores sale of Costa coffee chain
Trial hears dog walker was chased and fatally stabbed by trio
Restaurateur resigns from government hospitality council over tax criticism
Spanish City funfair shut after serious ride injury
Suspected arson at Ilford restaurant leaves three in critical condition
Tottenham beat Manchester City to go top of Premier League
Bank holiday heatwave to hit 30°C before remnants of Hurricane Erin arrive
UK to deploy immigration advisers to West Africa to block fake visas
×