Photos appearing to show the equipment packed up and ready to be airlifted were shared on Twitter Monday by CNBC’s senior correspondent in Beijing, Eunice Yoon.
Citing blockchain data, Heller estimates that 50 exahash per second of mining capacity in China has been turned off recently, or the equivalent of 526,000 S19 machines.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.