• China has heavily censored information regarding renewable energy generation.
• VanEck executive Matthew Sigel believes that the country is involved in BTC mining.
• CryptoQuant’s CEO revealed that Chinese pools still have a 54% market share.

Beijing’s escalating censorship of economic information, including pressure on foreign media to withhold data, has raised alarms among analysts. The move coincides with China’s concealment of renewable energy figures, prompting speculation that the nation may be secretly engaging in large-scale Bitcoin mining operations.

Further fanning the flames of speculation, CryptoQuant CEO Ki Young Ju pointed out on X (formerly Twitter) that despite China’s official crackdown, Chinese mining pools still maintain a dominant 54% share of the Bitcoin mining market.

Matthew Sigel, head o…

The post China’s Bitcoin Enigma: Why Beijing Is Hiding Its Energy Data appeared first on Coin Edition.

• China has heavily censored information regarding renewable energy generation.
• VanEck executive Matthew Sigel believes that the country is involved in BTC mining.
• CryptoQuant’s CEO revealed that Chinese pools still have a 54% market share.

Beijing’s escalating censorship of economic information, including pressure on foreign media to withhold data, has raised alarms among analysts. The move coincides with China’s concealment of renewable energy figures, prompting speculation that the nation may be secretly engaging in large-scale Bitcoin mining operations.

Further fanning the flames of speculation, CryptoQuant CEO Ki Young Ju pointed out on X (formerly Twitter) that despite China’s official crackdown, Chinese mining pools still maintain a dominant 54% share of the Bitcoin mining market.

Matthew Sigel, head o…

The post China’s Bitcoin Enigma: Why Beijing Is Hiding Its Energy Data appeared first on Coin Edition.