Bitcoin miners look overseas amid crackdown in China

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A bitcoin mining data centre is seen on an oilfield in northern Texas on May 6, 2021. Cryptocurrency mining requires a lot of energy, which has led to much it being concentrated in China, where electricity is cheap. Now an ensuing crackdown is pushing some operators to consider moving to North America. Photo: AFP A bitcoin mining data centre is seen on an oilfield in northern Texas on May 6, 2021. Cryptocurrency mining requires a lot of energy, which has led to much it being concentrated in China, where electricity is cheap. Now an ensuing crackdown is pushing some operators to consider moving to North America. Photo: AFP

A bitcoin mining data centre is seen on an oilfield in northern Texas on May 6, 2021. Cryptocurrency mining requires a lot of energy, which has led to much it being concentrated in China, where electricity is cheap. Now an ensuing crackdown is pushing some operators to consider moving to North America. Photo: AFP

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