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China's crackdown on crypto mining has led miners on a hunt for cheap sources of power for their operations, with many turning to nearby Kazakhstan (Bloomberg)


Bloomberg:

China’s crackdown on crypto mining has led miners on a hunt for cheap sources of power for their operations, with many turning to nearby Kazakhstan  —  A crypto crackdown sent them in search of cheaper, greener power sources  —  One weekend in late June, hundreds of gloomy Bitcoin miners crowded into a luxury hotel in Western China.


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