Chinese Bitcoin Mining Company Delivers Mining Machines to Kazakhstan

2021-6-23 23:00

Major Chinese bitcoin mining company BIT Mining Limited said that it completed the delivery of the first batch of mining machines to Kazakhstan, with other batches following later. The move follows a series of crackdowns on bitcoin mining activities by the Chinese government. origin »

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Источник: Cripyo.news

mining chinese → Результатов: 126

Chinese Partnership to Bring Large-Scale Bitcoin Mining to Ethiopia

Chinese investment at Ethiopia’s largest dam is creating a powerful new mining hub. Still in its relative infancy, the area is already host to significant mining activity.

2024-2-22 16:30
mining chinese ethiopia significant activity relative infancy

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Chinese miners move to the USA

Chinese mining companies, forced to stop working due to the cryptocurrency mining ban, are looking for new locations. The choice of many of them fell on several American states.

2021-6-27 13:25	News
mining chinese new choice many locations american

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Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO

Chinese crypto mining equipment producer Canaan is arguing against the indiscriminate crackdown on cryptocurrency mining in China, citing mining’s economic efficiency. The post Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO appeared first on BeInCrypto.

2021-6-2 14:43
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Chinese Officials Are Investigating Crypto Mining Operations

Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice, Reuters reports. The news comes after the Chinese government announced it will “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society” according to a statement.

2021-6-8 22:56	Tesla
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Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines

Chinese police has seized roughly 7,000 crypto mining units, which illegally used electric power

2019-12-23 18:38	Energy
mining chinese crypto units power illegally roughly

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Chinese Mining Giant Trades First Day Flat as Crypto Markets Dump 5%

Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4. 5% in 24 hours and crypto markets have shed $10 billion in total so a red Friday is about to begin.

2019-11-22 10:35
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Chinese Authorities Plan Crackdown on Crypto Mining in Inner Mongolia

Chinese regulators look to new regulation for crypto mining in Inner Mongolia

2019-9-16 19:04	Bitcoin
mining chinese inner mongolia crypto new regulation

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Chinese Bitcoin Mining Giant Files For $200 Million US IPO: Report

The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U. S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission.

2019-7-31 13:45	China
mining chinese report bitcoin 200 million canaan

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Chinese Authorities Uncover Fraudulent Crypto Mining Scheme Worth Nearly $300 Million USD

Chinese authorities were able to uncover a fraudulent mining scheme that stole approximately $293 million from crypto users. As reported by the local news outlet 8BTC, a fake Chinese company called Lianxin Tech, sold more than 300,000 units of mining hardware to users in just a few months. Investors believed that they were going to […]

2019-5-12 19:10	Trading & Investing
mining chinese million users authorities uncover crypto

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Why Chinese Miners are in a Frenzy over Used Bitcoin Mining Rigs

Chinese crypto miners are in a frenzy over pre-owned bitcoin mining devices following the recent price upsurge that saw the lodestar digital coin’s value rise from sub $4,000 figures to… The post Why Chinese Miners are in a Frenzy over Used Bitcoin Mining Rigs appeared first on CoinCentral.

2019-5-10 18:59	bitcoin mining
mining frenzy bitcoin chinese miners rigs used

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China bans mining? And Bitcoin (BTC) soars to $ 6000

The Chinese government is considering banning mining as an activity harmful to the economy. Consideration ends today. It was first announced on April 8th. The Corn since that time has paradoxically increased by 17%, from $ 5,100 to more than $ 5,950.

2019-5-7 14:14
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Crypto Mining Company Bitmain Launches Their New Antminer T17 with 7nm ASIC Chip

Chinese mining equipment makers, Bitmain has officially launched their brand new mining equipment named Antminer T17 which offers the maximum hash rate of 40 TH/s. Ready for a revolutionary mining experience?! 1 more day before the launch of the new Antminer 17 Series! Learn more about the miners and their selling times (https://t.co/ZhOMp7netn). Also, visit […]

2019-4-29 19:11	Bitmain
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Moonday Mornings: Jaguar Land Rover plans to reward drivers with IOTA cryptocurrency, and more

It’s Monday morning, you know the drill. But if you don’t, here’s a wrap-up of the weekend’s top cryptocurrency and blockchain headlines. 1. British carmaker Jaguar Land Rover announced that it’s testing software from IOTA which would allow it to reward its drivers for sharing data about their car journeys, reports Reuters.

2019-4-29 11:22	hard fork
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Exclusive: Russia, Canada could emerge as China’s successors following Bitcoin mining ban: eToro’s Greenspan

The Chinese Bitcoin [BTC] mining ban proposed by the country’s macroeconomic planning agency riffled the market with FUD, leading many to speculate which country could pick up the mining mantle. With many looking east for the new mining havens, eToro’s senior market Mati Greenspan negated.

2019-4-21 14:30	Russia
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Chinese Firm Huatie HengAn Losses $23 Million in Its Secret Crypto Mining Business

A Chinese company subsidiary of Huatie, has been sold for $2 million after having a valuation of $25 million a year ago. The firm is called Huatie HengAn and the reason behind this plunge in its value is related to the drop in cryptocurrency mining profitability. Company Losses 90% Of Its Value After Bear Market […]

2019-4-21 01:25	Cryptocurrency News
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Report: Chinese Publicly Listed Construction Company Turned Mining Firm Lost Over $23 Million

Over 90% percent of the value of a Chinese publicly listed construction company turned to cryptocurrency mining, Huatie, has been lost before the company has been sold

2019-4-21 13:09	asic
company lost mining turned publicly chinese listed

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Chinese company mines cryptocurrency under the shadows; loses 90% of its valuation amidst crypto-winter

Since the emergence of decentralized currency, China has been the focal point of cryptocurrency mining. With the market falling to the “crypto-winter” in 2018, several miners suffered severe setbacks due to the plummeting market.

2019-4-20 10:00	News
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Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret

A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23 million. 90 Percent Value Plunged Probably Due to 2018 Bear Market According to Chinese crypto media outlet 8BTC, Huatie HengAn, a subsidiary of Huatie has been sold for $2 million.

2019-4-20 02:00
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Tether [USDT] worth $13 million transferred from Tether’s treasury to exchanges

A total of ~$13 million USDT was transferred from Tether’s treasury to Huobi and Kraken exchange. These transactions together are among other massive amounts of USDT that are being moved in the crypto ecosystem.

2019-4-18 17:10	USDT
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China to One Day Turn the Renminbi into a Crypto, Claims Blockchain Author

By CCN: Perhaps no country has tried harder to snuff out bitcoin than China. After putting the kibosh on ICOs, the government banned crypto exchanges and now they’re targeting bitcoin mining.

2019-4-18 03:35
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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.

2019-4-17 20:52	Mining
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Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown?

Part 1 of the history of the Chinese tryst with the cryptocurrency industry. China has always been a focal point in the realm of cryptocurrency and blockchain technology. From being the once hub of cryptocurrency exchanges to the mining center of the world, China has seen its dominance in the decentralized currency game decline due […] The post Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown? appeared first on AMBCrypto.

2019-4-15 16:45	PBoC
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BitDeer.com Antminer S17 Mining Plans Now on Sale

Singapore – BitDeer. com, the leading computing power-sharing platform, has just kicked off the presale of S17 mining plans deploying the recently revealed Antminer S17 series miners. BitDeer’s S17 plans support BTC/BCH mining, and will be offered in 120-day, 180-day, 240-day, and 360-day durations.

2019-4-13 12:36	Press releases
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As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

This article was originally published by 8btc and written by Chloe Jiang. The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought.

2019-4-13 19:07	Mining
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Chinese Bitcoin Miners Lose Again after Flocking to Iran for Cheap Electricity

Many Chinese bitcoin miners migrated to Iran in 2018 for its cheap electricity amid China’s crackdown on crypto mining. However, they’re finding the harsh environment in the authoritarian regime unwelcoming.

2019-4-11 14:55	Иран
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power

This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.

2019-4-11 23:38	Mining
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Here’s Why Bitcoin (BTC) Mining May Explode Strengthening the Network

The Chinese government is mulling over a ban on cryptocurrency mining and shutting down mining farms, with some crypto enthusiasts of the view that this is the best time to invest in the mining hardware market.

2019-4-10 19:00
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Could A Mining Ban Raise Bitcoin Prices?

New policy proposals from the Chinese National Development and Reform Commission (NDRC) have put Bitcoin squarely in its crosshairs. The announcement sets the largest cryptocurrency on China’s regulatory watch list, with plans to either restrict or eliminate its mining altogether.

2019-4-10 02:26	Mining
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How the China Bitcoin Mining Ban Serves to Silence Crypto Naysayers

If you visit just about any crypto news publication today, you will see at least one story detailing the recent news that the Chinese government is considering a blanket ban on Bitcoin mining. Perhaps testament to the world superpower’s repeated clampdowns on various aspects of digital currencies (exchanges and ICOs, in recent memory), the price.

2019-4-10 00:00
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Chinese draft proposal seeks to eliminate crypto-mining activity, terms it ‘undesirable and wasteful’

China is moving towards discouraging cryptocurrency mining in the region. In an all-new draft proposal, the latest industry under the scanner is cryptocurrency mining. According to the proposal by the National Development and Reform Commission [NDRC], crypto-mining is flagged as an “undesirable industry”.

2019-4-10 21:30	Cryptocurrency News
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Chinese Planning Commission Seeks To Ban Crypto Mining

China's National Development and Reform Commission is looking for public comments concerning a list of industries it wants to encourage, restrict, or eliminate. Among the activities the regulator wishes to phase out is the mining of cryptocurrencies, including bitcoin.

2019-4-10 17:49	law and legislation
mining commission eliminate among encourage wants restrict

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How China Banning Bitcoin Mining Can Positively Affect BTC Price

A bitcoin mining ban in China will more like drive the asset’s price higher, according to Mati Greenspan. The UK-based financial analyst said the Chinese were mining bitcoins at a much cheaper rate than the rest of the world.

2019-4-9 16:15
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Chinese Authorities Propose a Complete Crypto Mining Ban

As Chinese citizens appear to have once more found a way to participate in the crypto market through USDT and crypto only exchanges, noises in the Communist Party have once... The post Chinese Authorities Propose a Complete Crypto Mining Ban appeared first on Trustnodes.

2019-4-9 14:06	Politics
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China’s Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead

A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect.

2019-4-9 12:50	China
bitcoin mining china could proposed ban report

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Chinese Government Looks to Ban All Bitcoin Mining Activities From Within Its Borders

According to an all-new report released by Reuters earlier today, the Chinese state planner has just released a draft of all the industrial activities it is looking to slowly weed out from within its economic framework.

2019-4-9 10:01	News
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China’s Economic Planning Body Labels Bitcoin Mining an ‘Undesirable’ Industry

A Chinese government agency in charge of macroeconomic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

2019-4-9 09:00	bitcoin mining
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Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash

On April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today.

2019-4-8 20:34
bitmain antminer new terahash bitcoin process specs

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Bitcoin at $5,000: What Has Changed Since 2017

This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019.

2019-4-4 18:42	Adoption
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Bitmain announces global release date of new Antminer S17; claims it has improved energy efficiency

Bitmain, the Chinese mining giant, recently announced that its Antminer S17 will be globally released on 9 April 2019. Earlier this month, the mining giant had revealed the new model of its Antminer 17 series machines to mine Equihash-powered Proof-of-Work coins.

2019-3-30 18:00	News
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Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?

Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.

2019-3-30 23:28	Mining
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Bitmain Announces Launch Date for Antminer S17 Series

Chinese crypto mining giant Bitmain has announced a launch date for its new energy-efficient Antminer S17 series miners

2019-3-30 19:14	Bitcoin Cash
s17 series bitmain antminer launch date new

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Bitmain IPO Filing Officially Expires on HKEx, Yet Transparency Benefits Remain and New CEO Elected

The cryptocurrency mining giant Bitmain decided to present a filing to list an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEx). According to the list of now-lapsed applications on HKEx website shows that the filing of the Chinese company has already expired.

2019-3-26 21:42	News
filing hkex ipo bitmain list expires exchange

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Cryptocurrency Mining Giant Bitmain Officially Gives up on Going Public in Hong Kong

Bitmain Technologies, a Chinese based chip maker of specialized cryptocurrency mining machines, has shelved its plans to list on the Hong Kong Stock Exchange due to a number of reasons including staff lay-offs, a protracted bear market, and management restructuring reported the South China Morning Post on March 26.

2019-3-27 20:29	Mining
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Bitmain’s IPO Filing Has Expired

Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.

2019-3-26 00:22	Investing
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In the Daily: Crypto Data Feed, BSV Sale, Bitmain Office Closed

Intercontinental Exchange has added new coins to its cryptocurrency data feed and we’ve got the details in this installment of The Daily. This edition also features Coincheck’s announcement that it plans to sell its BSV holdings and reimburse users with Japanese fiat currency.

2019-3-20 13:35
bitmain closed office bsv daily feed data

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The fall of Bitmain: Canary in the crypto mine?

As the crypto winter continues there is no higher-profile casualty than Chinese mining company Bitmain. Despite generating record profits in 2017 and early 2018, the company has been forced to downsize, closing offices and letting 50% of its workforce go.

2019-3-15 22:00	BNC insights
bitmain crypto company workforce letting closing offices

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Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance

ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports.

2019-3-14 00:05	Mining
company million bitmain canaan creative bitcoin losses

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Canaan Creative, the Avalon Crypto Mining Producer, Secures Hundreds of Millions in Funding Round

Canaan Creative is one of the leaders in mining rig manufacturing has closed a funding deal which might be valued in hundreds of millions of US dollars, taking the overall valuation of the company to $1 billion.

2019-3-12 20:02	News
millions funding canaan hundreds creative company mining

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Bitmain Co-Founder to Unleash 100,000 ASIC During Sichuan Rainy Season, Report Says

A Chinese publication says that after leaving Bitmain, Micree (Ketuan) Zhou has become involved with a large-scale mining operation that plans to take advantage of the rainy season.

2019-3-7 15:12	News
says bitmain season rainy involved large-scale operation

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Kazakhstan to advance crypto reserve plans amid digital transformation push

Kazakhstan is doubling down on its crypto ambitions. In a bold move, the country is pushing forward with plans to establish a national digital asset reserve and expand regulatory clarity for cryptocurrencies.

Kazakhstan to invest part of its treasury into crypto assets

Kazakhstan is taking new steps toward increasing its exposure to crypto.

Kazakhstan eyes crypto banks to boost digital asset ecosystem: report

Kazakhstan is exploring the creation of crypto banks as part of its effort to build a robust digital asset ecosystem. The proposed institutions would offer services like digital asset exchange, storage, and transaction support in a regulated framework, according to…

Bybit gains formal consent for full authorization in Kazakhstan

Bybit has received formal consent from the Astana Financial Services Authority for full authorization in Kazakhstan. In a Sept. 6 press release, Bybit said it aims to tap into the growing crypto market in Kazakhstan and the broader Commonwealth of Independent…

Binance receives regulatory consent in Kazakhstan, moves closer to full licensing

Binance has secured formal consent from the Astana Financial Services Authority to operate as a fully regulated trading platform in Kazakhstan. Crypto exchange Binance has moved a step closer to becoming the first fully regulated trading platform in Kazakhstan after…

China, Kazakhstan central banks forge CBDC research partnership

China and Kazakhstan have entered into a strategic partnership to collaborate on Central Bank Digital Currency (CBDC) research.

Kazakhstan bans Coinbase amid crackdown on unregulated crypto activity

The Ministry of Culture and Information in Kazakhstan recently blocked access to prominent crypto exchange Coinbase and select online brokerage websites, including the New York Mercantile Exchange (NYMEX), local media reported on Nov.

2021-6-23 23:00

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