Bitcoin News / Bitcoin.com - 3 years ago
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country.
Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that &ldquo...
Cryptocoins News / The Cointelegraph - 3 years ago
Crypto mining pool BTC.com is leaving China after local authorities withdrew its power supply. BTC.com — a major crypto mining pool that is operated by BIT Mining and...
Bitcoin News / Bitcoin.com - 3 years ago
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in th...
Bitcoin News / Bitcoin.com - 3 years ago
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks.
Jim Cramer Worried About China’s Mining Crac...
Cryptocoins News / The Cointelegraph - 3 years ago
Graphics card prices in China reportedly dropped as much as two-thirds on Chinese e-commerce websites. Amid the ongoing crackdown on cryptocurrency mining in China, pr...
by COINS NEWS - 3 years ago
Just to name a few: Google Youtube Facebook Wikipedia Reddit Netflix Instagram Whatsapp Skype Quora Winnie the Pooh Alice in Wonderland Even though these things are banned in China, they are thriving in the rest of the world. If China wants to crackd...
by COINS NEWS - 3 years ago
Paraguay have announced they will be following El Salvador's lead and legislate Bitcoin as legal tender in 2022. Paraguay is joint owner of the Itapu hydro-electric dam - the second largest hydroelectric dam in the world. In the period 2010-2019,...
Bitcoin News / Bitcoin.com - 3 years ago
The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming f...
More / Bitcoin Reddit - 3 years ago
Moneybadger don't give a fuck. These are fantastic news for Bitcoin: Bitcoin mining gets more descentralized. Bitcoin mining gets more clean (renewable energy sources). Bitcoin miners in other countries become more profitable. Bitcoin miners all...
More / Bitcoin Reddit - 3 years ago
I know plenty of newcomers in particular are scared right now but it's incredible that roughly half of bitcoin's mining hash comes from China, who in turn are banning it in basically every province, and because miners are location agnostic th...
by COINS NEWS - 3 years ago
Few hours ago, China pulled the plug on all mining in Sichuan province, which as per the Cambridge study contributes around 10% to BTC's Global Hashrate. We are already seeing hashrate drop in large pools such as AntPool which has dropped 3...
Cryptocoins News / NewsBTC - 3 years ago
Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. This has created another vari...
Cryptocoins News / NewsBTC - 3 years ago
The Bitcoin Mining Council has publicized its aim to tackle negative media narratives.
In its inaugural meeting which was hosted on Twitter Spaces, the council discussed bad press that has been surrounding Bitcoin and its mining in the past weeks. Th...
Cryptocoins News / The Cointelegraph - 3 years ago
Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows. China's crackdown on Bitcoin (BTC) mining may have...
Bitcoin News / Bitcoin.com - 3 years ago
The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.”
Bitfarms Renewable Op...