The overseas influencer is absolutely right, and he’s already being very polite about it. If it were me, someone with no filter, I’d definitely say Fack XXX—just like during the blockchain gaming wave when the Vietnamese said Fack to us. He’s right, this time the BTC drop is indeed caused by domestic regulations. This isn’t as simple as the clean-up three years ago; this time they’re starting to confiscate mining machines. Using the guise of a computing power center and ¥0.3/kWh electricity, not a single one escaped.