Why Bitcoin mining firms based in Inner Mongolia are on the move

Crypto mining firms based in Inner Mongolia have decided to shut shop amid strict regulations. A draft proposal that seeks to “shut down” all crypto mining initiatives expects mining firms to cease operations by April. Thus, companies that were once drawn to Inner Mongolia due to low electricity prices and its cold climate have now decided […]

Why Bitcoin mining firms based in Inner Mongolia are on the move
Crypto mining firms based in Inner Mongolia have decided to shut shop amid strict regulations. A draft proposal that seeks to “shut down” all crypto mining initiatives expects mining firms to cease operations by April. Thus, companies that were once drawn to Inner Mongolia due to low electricity prices and its cold climate have now decided […]