China has banned cryptocurrency trading and mining since 2021, but still leads in mining hardware and digital yuan development. Here's how its strict policies shape global crypto markets and why reversal is unlikely.
China mining ban: What happened and how it changed crypto mining worldwide
When China mining ban, a nationwide crackdown on cryptocurrency mining operations launched in 2021. Also known as China's crypto mining prohibition, it forced over 70% of global Bitcoin mining offline in just months. This wasn’t a minor policy tweak—it was the biggest shock to the crypto infrastructure since Bitcoin’s inception. Miners in Sichuan and Xinjiang, who relied on cheap hydropower and coal, suddenly had their machines shut down. No warnings. No grace period. Just power cuts and eviction notices.
The Bitcoin mining, the process of validating transactions and securing the Bitcoin network using powerful computers. Also known as crypto mining, it didn’t disappear—it scattered. Miners moved to Texas, Kazakhstan, and even Georgia, where electricity was cheaper and regulations looser. The blockchain regulation, government rules that govern how cryptocurrencies are mined, traded, or taxed. Also known as cryptocurrency policy, it shifted from centralized control to a fragmented global patchwork. Countries that once ignored crypto suddenly saw an opportunity: attract mining rigs, create jobs, and tax the energy use. Meanwhile, Bitcoin’s network stayed secure—even stronger—because hash rate rebounded faster than anyone expected.
What you’ll find in these posts isn’t just history. It’s a lesson in resilience. You’ll read about how miners adapted, how exchanges reacted, and how scams popped up pretending to offer "China-approved" mining deals. Some posts expose fake airdrops tied to the ban’s chaos. Others break down how energy policies in India and Iran now mirror what China once did—only with different rules. This isn’t about nostalgia. It’s about understanding how one government’s decision rewrote the rules for everyone else—and how to spot the next big shift before it hits.