🔊JUST IN:

#Bitcoin mining is quietly staging a comeback in China despite being banned four years ago.

Global Bitcoin Security & Decentralization: A comeback of Chinese miners means a more geographically diverse mining network — which is good for Bitcoin’s decentralization and resilience.

Energy Implications: These mining operations are concentrated in areas with cheap, often underutilized energy — which could be relatively efficient, but could also stress local grids or lead to environmental trade-offs.

Policy Risk: The “gray zone” nature of these operations means risk is not zero — if China clamps down again, miners here could face disruption.

Market Sentiment: This resurgence might act as a bullish signal for Bitcoin — more mining capacity could mean increased network strength and long-term confidence.

#Mining
#Btc
#China