Archives for December, 2021 - Page 2

29 Dec

What’s the cryptocurrency clampdown in China about?

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image-29723
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. […]