Bitcoin Mining Resurgence in China - Bitcoin mining has quietly resurged in China despite the 2021 ban [1] - China now contributes about 14% of global hashrate, ranking third worldwide [1] - CryptoQuant estimates that 15%-20% of global Bitcoin mining may currently originate from China [1] Geographical Distribution - Miners have re-emerged in low-cost, energy-surplus regions like Xinjiang and Sichuan [1] - New facilities are being built in regions like Xinjiang and Sichuan [1]