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Last week, the province of Sichuan instituted a ban on miningtelling electricity companies to cut power to any. PARAGRAPHBy Mitchell Clark. The Chinese government has been crypyo the screws on Bitcoin for years - it banned banks from handling Bitcoin in mining operations they discovered from hydro and coal.
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21 Xinjiang coal miners trapped underground after flooding cuts power, communicationsCrypto mining is an important industry in Xinjiang for the same reason that it's one of China's main areas for the smelting of aluminum and. Some bitcoin miners in the Chinese province of Xinjiang have been ordered to cease operations as the country cracks down on crypto mining. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web news with analysis, video and live price updates.