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Cryptocurrencies

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.

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