Western Miners Cultivate More Returns as China’s Crypto Mining Crackdowns Persists

Bitcoin mining companies in the west yield has become more accessible and profitable, as the pool of miners competing to form tokens shrinks due to China's strict crackdown on the country's crypto operations. Miner competition is currently at a considerable low; thus, mining companies are seeing higher profits. Moreover, these profits are more significant than the losses due to the drop in BTC. Therefore the gains are positive overall. Stock prices of some of the biggest bitcoin mining companies saw…