Bitmain says it will no longer ship bitcoin miners in mainland China

Bitcoin mining hardware manufacturer Bitmain will no longer deliver its machines to mainland China addresses.

The Beijing-based firm announced the news on Sunday, saying that it will follow local regulations and suspend domestic delivery starting from Monday, but overseas business remains as usual. 

Bitmain's move may not impact the company much as its domestic sales had been declining since late last year amid the rise of North American mining operations. The company's move perhaps formally marks the end of its domestic market share, which accounted for nearly 50% of its revenues in 2017 and about 40% in the first half of 2018.