Heavy Flood in Sichuan China has Destroyed Major Crypto Mining Operation

[prashadraj205000]

Massive Floods in the Sichuan province of China have reportedly in extensive damage to a major cryptocurrency mining operation in the area. The news published on local blockchain and crypto information platform Golden Finance.

Ecns, the official English-language outlet of the China News Service (CNS), has published that Sichuan and four other provinces in China received heavy rainfall on 27 & 28 June resulting in floods.

Golden Finance asserted that a major digital currency mining operation in Sichuan had been massively affected, pointing to a loss of “tens of thousands” of mining devices. The miners seem “almost impossible” to repair, according to the site.

As press time it remains unclear what digital currencies were being mined on the devices and how they have been lost to the flood.

http://www.coindelite.com/news/heavy-flood-in-sichuan-china-has-destroyed-major-crypto-mining-operation/

[makishart]

Massive Floods in the Sichuan province of China have reportedly in extensive damage to a major cryptocurrency mining operation in the area. The news published on local blockchain and crypto information platform Golden Finance.

Ecns, the official English-language outlet of the China News Service (CNS), has published that Sichuan and four other provinces in China received heavy rainfall on 27 & 28 June resulting in floods.

Golden Finance asserted that a major digital currency mining operation in Sichuan had been massively affected, pointing to a loss of “tens of thousands” of mining devices. The miners seem “almost impossible” to repair, according to the site.

As press time it remains unclear what digital currencies were being mined on the devices and how they have been lost to the flood.

http://www.coindelite.com/news/heavy-flood-in-sichuan-china-has-destroyed-major-crypto-mining-operation/

I guess that will be the bitcoin. As far as i know most of miners in china are mining bitcoin. Bu it could be ethereum too consider about the hashrate has been dominated by a lot of miners from china. You can see that through the hash power chart. The miners of china have been dominating bitcoin mining.

[SuiMikira]

It is old news and it takes no effect to the current market. It is not necessary to post it again here. I would like to hear something new.

[zcashplan]

This will not affect the cryptocurrency market, it is just an ordinary news. Be aware that the mining area is very much in the world. But we are here to see very early news, this should be called history should not become news!