Blog: What’s the cryptocurrency clampdown in China about? – Analytics India Magazine

For a long time, China has been one of the world’s major centres for cryptocurrency mining operations because of its relatively low electricity costs and cheaper computer hardware. The activity is so popular there that gamers have been known to blame the industry for a global shortage of graphics cards —which miners use to process crypto-currencies.…

Visit the original:
ChinaPulse.com

Comments are closed.