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China shuts crypto mining projects in SouthwestHuobi Global, a Chinese based crypto-currency exchange, stated it would gradually close Mainland China accounts by December 31, Experts. The first explicit warning surfaced in late February when authorities in Inner Mongolia proposed banning new crypto mining projects and shut. The Chinese government's crackdown on cryptocurrency mining has inadvertently mitigated the risk of a 51% network takeover. By shutting down or.
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