Sichuan, a mountainous province in southwestern China, is still home to the most bitcoin miners for its abundant and cheap hydroelectric energy, despite the country’s tough stance on quashing the crypto market. According to cryptocurrency research firm Coinshare’s latest report, China continues to dominate the bitcoin mining industry with 60 percent of all mining happening there. Sichuan alone produces 50% of global hashrate, marginally higher than the figure (~48%) in November 2018, and the remaining 10% distributes in Yunnan, Xinjiang and Inner Mongolia. Though the past 6-month period saw Sichuan’s bitcoin mining ... (full story)