An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin activities at the park must cease by June 9, according to the document. Nevertheless, the Bitcoin network’s hashrate has been considerably higher today than last week’s average rate.
Development Park Bitcoin Miners in Xinjiang Told to Cease Operations Following Sichuan Energy Official’s Meeting
There’s been a number of reports from China that indicate Chinese government officials haven’t been too keen on the crypto mining sector in recent times. Bitcoin.com News has covered a number of reports tied to the country showing a possible crackdown on bitcoin mining taking place in mainland China.