![Bitcoin virtual currency displayed in front of a Chinese national flag in this illustration [Reuters-CGTN]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/04/Bitcoin-virtual-currency-displayed-in-front-of-a-Chinese-national-flag-in-this-illustration-Reuters-CGTN.jpg?resize=525%2C295&ssl=1)
Enticed by cheap electricity, easy availability of hardware and land, bitcoin miners thrive in China. But the energy-guzzling sector has started feeling the pinch, with the country planning to become carbon neutral by 2060. More than 75 percent of global bitcoin operations are in China, according to data from BTC.com. The majority of them are located in the autonomous regions of Inner Mongolia and Xinjiang, which power the sector through coal power plants. Continue reading “Relocation might help bitcoin miners in China reduce carbon footprint”


![Ren Zhongli, Yuan Meng, friends camp near the Ya'nyu Lake in Ya'an, Sichuan. [China Daily]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/04/Ren-Zhongli-Yuan-Meng-friends-camp-near-the-Yanyu-Lake-in-Yaan-Sichuan.-China-Daily.jpg?resize=525%2C350&ssl=1)