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In this file photo taken on March 19, 2018 two technicians inspect bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec

China Bitcoin Miners Forced To Scale Down Over Electricity Shortage In Southwest China

It is no surprise that Bitcoin (BTC) miners compete with each other to get a single Bitcoin in circulation and that they also require the help of supercomputers to work out the complex math problems that unlock a new BTC. This computing power consumes extortionate amounts of electricity, and the Chinese are well-aware of this, which is why they are forcing miners to scale down their operations.

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