Mining operations outside China, like this one in Russia, could benefit if the Chinese government cracks down on cryptocurrency mining.

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A Chinese ban on mining could be a huge bargain for the worldwide bitcoin community. In recent years, China has begun to control both also the operation of mining pools that are bitcoin along with the production of mining hardware.

Expand / Mining operations out China, like this one in Russia, could benefit if the Chinese government cracks down on cryptocurrency mining. (credit: OLGA MALTSEVA/AFP/Getty Pictures )