One of the world’s largest manufacturers of bitcoin mining devices, Bitmain, confirmed the termination of Antminer supplies to mainland China
“From October 11, 2021, Antminer stops deliveries to mainland China (with the exception of Hong Kong and Taiwan),” the official Bitmain account on WeChat reports
This step will not affect Bitmain’s overseas customers. According to the company, it has increased the supply of Antbox in order to accelerate the creation of foreign infrastructure for mining.
On September 28, three anonymous sources reported that Bitmain intends to stop selling its equipment to miners in mainland China after the country’s government imposed a complete ban on any cryptocurrency-related activities.
China’s harsh measures against the cryptocurrency industry provided miners outside the country with the opportunity to take market share, which led to the restoration of the hashrate level of the bitcoin network (it is he who is the key indicator of mining activity).
According to the analytical company Glassnode, the average level of bitcoin hashrate has recovered by more than 140% since the July lows.
On September 27, the second largest Ethereum mining pool SparkPool stopped servicing all its users. It was followed by another equally large BeePool pool.
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