The reason why China is shutting down crypto mining operations is because of a trade war with Australia

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China is currently “punishing”
Australia in a trade dispute which was sparked over Australia wanting a covid origins investigation.

China is blocking Australian imports (mainly energy). Chinas number one priority will ensuring energy for its population.

This is what is leading to the China banning of crypto. Once this issue with Australia has been settled it will be business as usual again. Anything else is noise.

https://www.google.com.au/amp/s/amp.news.com.au/technology/environment/almost-two-dozen-chinese-cities-forced-to-ration-electricity-after-australian-coal-ban/news-story/af4c8fa8205b111ba7427b5953800b59

View Reddit by julesyjules74 – View Source



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Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

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