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After China’s Crackdown on Bitcoin Mining, It’s More Profitable For Everyone Else

Bitcoin mining just became easier and more profitable, reports CNBC:

The world has known for months that more than half the world’s bitcoin miners would be going dark as China cracked down on mining. Now that it’s happened, the bitcoin algorithm has adjusted… The world has known for months that more than half the world’s bitcoin miners would be going dark as China cracked down on mining. Now that it’s happened, the bitcoin algorithm has adjusted according… [+1938 chars]

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