🚨 JUST IN: China Mining Update

Nano Labs founder reports that Bitcoin mining farms in Xinjiang are shutting down rapidly.

🔻 Impact so far:

BTC hashrate down ~8%

~400,000 miners estimated to be offline

⏱️ Short term: Network disruption and possible volatility

📈 Long term: Supply tightens, difficulty adjusts, and the network rebalances stronger

Bitcoin does what it always does adapt and move forward.