Bitcoin Mining in China Rebounds Despite 2021 Ban

Beijing, Nov. 24, 2025 — Bitcoin mining is quietly making a comeback in China, even though the government imposed a nationwide ban in 2021. The resurgence is being driven by miners taking advantage of cheap electricity and excess data-center capacity in energy-rich provinces.

Data suggests that China now accounts for roughly 14% of global Bitcoin mining, placing it third worldwide. The revival is also reflected in the booming sales of mining rigs: one of the industry’s top manufacturers says its Chinese market revenue has surged.

Sources within the mining industry point to weak enforcement in regions where the economic incentive is strong, signaling a possible softening in China’s crackdown. In particular, provinces like Xinjiang, which have abundant power and underutilized grid capacity, are seeing renewed mining activity.

Analysts warn that this rebound could boost global demand for crypto mining equipment and provide further support for Bitcoin’s price. The revival also raises fresh questions about how China’s energy policy and economic interests are aligning with its evolving regulatory stance on digital assets.