Chinese hydropower plants on sale as crypto miners move abroad

Chinese hydropower plants on sale as crypto miners move abroad

Advertisements for small-scale hydro plants have reportedly surged on Chinese secondhand e-commerce platforms. Small-scale hydroelectric plants in China are reportedly looking for new customers as crypto miners go abroad amid a nationwide crackdown on mining activity.According to the South China Morning Post (SCMP), advertisements for small-scale hydro plants with 50-megawatt capacity have surged on Chinese secondhand e-commerce platforms such as Xianyu. According to the SCMP, some sellers claimed that their listings were unrelated to the cryptocurrency mining industry, while others said....


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