ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

China vaults back to No. 2 bitcoin miner on suspected covert activity

Report says global share went from zero to 20% despite Beijing's ban

Chinese bitcoin miners are suspected of using VPNs to circumvent the ban on their activities.   © Reuters

CAMBRIDGE, U.K. -- China has reemerged as the world's second-largest miner of bitcoin, according to data released on Tuesday by the University of Cambridge, powered by what appears to be operators working without the permission of authorities.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more