China, investment in Bitcoin mining

As Reuters reported in an article by Alun John and Julie Zhu, three of the world’s biggest producers of Bitcoin mining machinery expect to raise billions of dollars with IPOs in Hong Kong.
The companies are designing high-end computer chips for cryptocurrency mining, particularly Bitcoin. The initiative also includes the application of the Blockchain and Artificial Intelligence and the development of a 5G telecoms network. The chips, in fact, could be used in information technology to ensure more security and protection of big data.