Hydropower Stations Now for Sale Amid China's Crackdown on Mining

Chinese miners might have found a way to secretly mine Bitcoin despite the crackdown

Tue, 06/29/2021 - 06:12

Second-hand hydroelectric power plants with installed capacity of roughly 50 megawatts are being actively sold in China following the government’s clampdown on the mining industry, South China Morning Post reports.

One seller claims that it’s possible to stealthily mine Bitcoin if you purchase one:

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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