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BTCUSD Mining Resurgence in China Soars on Power Surplus and Rising Bitcoin Prices

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • China’s 2021 cryptocurrency mining ban sharply cut its Bitcoin hashrate share, but mining is resurging due to low-cost power and unused data center capacity, boosting global activity and profitability in 2024-2025 amid rising Bitcoin prices.
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BTCUSD price history

75890.89 +15.44% over the displayed period

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