Chinese authorities could soon revise crypto mining ban

China’s plan to crash the Bitcoin value appears to have backfired as the crypto coin is back to its values recorded before the crypto mining ban. On top of that, most of the Bitcoin hashing power was relocated from China to other states, helping the U.S. become the leading hashrate provider. The Chinese authorities are now issuing a call for public comments on the decision to add crypto mining to the list of “phased-out” industries.