China Slaps $14.5M Fine on Xinjiang Firm for Powering Bitcoin Mining Operations
China Hammers Xinjiang Polysilicon Firm with $14.5M Fine for Powering Bitcoin Mining China has dropped another bombshell in its unrelenting war on cryptocurrency mining. A major polysilicon producer in Xinjiang has been slapped with a hefty 100 million yuan fine—equivalent to about $14.5 million—for illegally supplying electricity to Bitcoin mining operations, in direct violation of […]
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