City in Sichuan reportedly orders crypto miners to shut down for investigation

Chinese authorities continue to crack down on cryptocurrency mining as a city in Sichuan province has reportedly halted local Bitcoin (BTC) mining farms.

Authorities in Ya’an City, a prefecture-level city in the western part of Sichuan province, have ordered local Bitcoin mining operations to shut down for examination, Chinese financial publication Sina Finance reported Friday.

Citing an anonymous source from Chinese news agency PA News, the report said that it is unclear when or whether miners will restart mining operations.

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