Today, there was a major mining disaster in the country
Over 200,000 mining machines were seized in Xinjiang
Leading to a 17.25% drop in overall network computing power
In the short term, the network security factor has decreased
Causing market panic
But in the long term, it may be beneficial for decentralization
Since the ban in 2021
This policy has tightened again
Which will exacerbate the outflow of domestic mining operations
Enhancing global computing power distribution
