A Crypto Blessing: China’s Plan to Ban Bitcoin Mining Will Work Wonders

2019-4-9 15:51

The National Development and Reform Commission (NDRC) revealed its intent to eliminate the bitcoin and crypto mining sector immediately in its guidance for adjustments to industrial structure published on April 1.

The list of sectors that will be encouraged, restricted and eliminated will undergo a public consultation period until May 7 according to the report of SCMP, and as such, mining facilities in China are likely to be able to operate throughout the next month or two. If after the public consultation phase the NDRC and the government of China move forward with the current plans to shut down the

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China reverses decision to ban crypto mining in 2020

The plan to include cryptocurrency mining in China into a list of industries that would be banned in the country has reportedly been scrapped. Earlier this year, the National Development and Reform Commission (NDRC) in China revealed it was considering putting crypto mining on a list of banned industrial activities, which would have effectively phased […] The post China reverses decision to ban crypto mining in 2020 appeared first on CryptoSlate.

2019-11-6 13:44


Bitcoin Mining in China

In life, they say that you can only rely on death and taxes. While this may be true, I’d like to propose a third: that China will always be the Bitcoin mining capital of the world. In fact, it controls up to 80% of the world’s total hash rate, is responsible for manufacturing the vast majority […] The post Bitcoin Mining in China appeared first on ZyCrypto.

2018-12-9 22:34


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Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China

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2018-6-28 12:55