China dominated the world in bitcoin mining until Beijing cracked down in 2021. Since then, the mining industry has changed dramatically, and proponents of it argue that bitcoin is now helping lead the way to a clean energy future. For this video, I took a closer look at how the mining industry has relocated, expanded and evolved since Beijing’s crypto ban.

0:00 Bitcoin mining has changed a lot since China cracked down on cryptocurrencies
0:28 How bitcoin mining works
1:10 The countries that gained market share after China’s ban
2:44 Major bitcoin milestones since miners left China
3:39 How some bitcoin miners are investing in clean sources of energy

I’m Shelby Holliday, a reporter for WSJ, and I’m digging deeper into news stories that are having a powerful and sometimes surprising impact on our lives. Join me as I report on the events and trends shaping our world by subscribing to the channel.

#Bitcoin #Crypto #ShelbyHolliday

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