{"id":701242,"date":"2025-11-29T12:50:14","date_gmt":"2025-11-29T09:50:14","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/why-chinas-bitcoin-mining-activity-is-surging-again-after-a-4-year-crackdown\/"},"modified":"2025-11-29T12:50:14","modified_gmt":"2025-11-29T09:50:14","slug":"why-chinas-bitcoin-mining-activity-is-surging-again-after-a-4-year-crackdown","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/why-chinas-bitcoin-mining-activity-is-surging-again-after-a-4-year-crackdown\/","title":{"rendered":"Why China\u2019s Bitcoin mining activity is surging again after a 4-year crackdown"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTEvMDE5YWNiNTMtMjJiMS03ZWNjLWIxZjktZGQyZTA5MmYyNWFh.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>Bitcoin mining in China is rising again. From dominance to ban to resurgence, this makes an engaging story.<\/p>\n<p data-ct-widget=\"explained-block-content\">\n<p><em>Before 2021, China controlled a large share of global Bitcoin (<\/em><em>BTC<\/em><em>) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world\u2019s Bitcoin computing power in 2020.<\/em><\/p>\n<p data-ct-non-breakable=\"undefined\">In 2021, the Chinese government moved to stop mining activity. Authorities cited concerns about financial risks, capital outflows and the high electricity use required for mining. In September 2021, the People\u2019s Bank of China declared all cryptocurrency transactions illegal and confirmed the nationwide ban on mining.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/explained\/why-china-s-bitcoin-mining-activity-is-surging-again-after-a-4-year-crackdown?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin mining in China is rising again. From dominance to ban to resurgence, this makes an engaging story. Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world\u2019s Bitcoin computing power in 2020. In 2021,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":701243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019acb53-22b1-7ecc-b1f9-dd2e092f25aa","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-701242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/701242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=701242"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/701242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/701243"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=701242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=701242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=701242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}