Chinese 8BTC news portal and Chinese crypto journalist Colin Wu have reported that the second biggest provider of clouding services in China, Alibaba Cloud, has warned all crypto companies, including mining firms, that it may stop working with them due to the recent regulatory requirements.
Colin Wu has taken to Twitter to announce another negative piece of news for Chinese crypto miners today.
Earlier, U.Today covered (based on Wu’s report) that Chinese province Sichuan authorities had ordered electricity producing companies to stop servicing mining firms in the area.