Analysts and mining pools say selling pressure from mining wallets hasn't contributed to recent corrections in bitcoin's price.
After moving machines out of Sichuan, miners are bringing ASICs back online.
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.