Jul 13, 2021 02:17 PM

FINANCE

Photo of the Day: China Says Goodbye to Crypto Mining

On May 2, an ethnic Tibetan woman in Sichuan province’s Heishui county holds parts of a cryptocurrency mining machine that was sent from Xinjiang for local installation, including power cords that look like a bouquet of flowers. Such machines are now being deactivated following China’s recent ban on crypto mining.

Read more
Four Things to Know About China’s Latest Crackdown on Cryptocurrencies

Contact translator Kelsey Cheng (kelseycheng@caixin.com)

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Asia New Vision Forum Kicks Off in Singapore

PODCAST

Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe

00:00

00:00/00:00

MOST POPULAR

1: Cover Story: Why Modi Won’t Play Cowboys and Indians With Trump, Opting Instead for Strategic Autonomy

2: Chinese Ex-Employee of U.S. Hedge Fund Two Sigma Faces Fraud Charges

3: Intel Names New China Chief Amid Business Transition and Market Shifts

4: Analysis: Youth Unemployment Surge Exposes Cracks in China’s Economic Transition

5: China Doubles Down on Policy Drive to Boost Service Spending

SPONSORED

OR