CaixinIn depth: the fall of China's last bitcoin mining haven
Government crackdown dooms nation's lucrative but energy-intensive sector
An ethnic Tibetan woman in China's Sichuan Province carries components of cryptocurrency mining machines that were recently shut down. (Photo by Ding Gang, Caixin)
XIAO HUI and KELSEY CHENG, Caixin
For the past year and a half, the loud whirring of tens of thousands of high-power computers filled a cavernous warehouse round-the-clock, contrasting sharply with the quiet forests of the Ngawa Tibetan and Qiang Autonomous Prefecture in southwest China's Sichuan Province.