China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

July 13, 2019 7:30 pm Published by China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally
Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset's seven-figure ambitions. Just this week, Chinese police busted a ... read more
CCN07-13-2019

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