Current Events in Blockchain

Bitcoin is Homeless

Crypto eviction from China is revealing flaws in the system

Paul Coogan
ILLUMINATION
Published in
5 min readJun 21, 2021

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Photo by Anna Shvets from Pexels

The Chinese crackdown on bitcoin mining is serious and miners in China are taking this very seriously and looking for new locations. For a currency that is supposed to be independent of nation-states, it appears the tables are getting turned.

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Paul Coogan
ILLUMINATION

(he/him/his) Project Manager, Artist, and Data Visualization/Activist Geek