Local Media: Floods in China Heavily Damage Major Crypto Mining Operation

2018-7-1 03:24

Floods in China’s Sichuan province, caused by two days of heavy rains, have reportedly resulted in the destruction of “tens of thousands” of cryptocurrency mining devices

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Источник: cointelegraph.com

mining china → Результатов: 19

China returns as second-largest Bitcoin mining hub: report

Bitcoin mining has picked up again in China, a new report suggests. According to… The post China returns as second-largest Bitcoin mining hub: report appeared first on Coin Journal.

2022-5-18 22:23	hash rate
mining china bitcoin report returns second-largest hub

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Bitcoin Mining More Damaging To The Environment After China Ban, Study Says

The China bitcoin mining ban that took place mid-last year was no doubt a heavy blow to the space. It saw the hash rate from the region which was once termed the mining capital of the world crumble to almost zero as miners had to shut down their operations.

2022-3-1 02:00	Mining
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Bitcoin mining fully recovers from Chinese ban after mining hashrate hits all-time high

China announced a ban on cryptocurrencies earlier this year, which caused a major disruption to Bitcoin mining activities. Mining firms in China were forced to shut down, which prompted them to seek overseas locations to establish new mining facilities.

2021-12-12 18:47	Cryptocurrency
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China calls crypto mining 'extremely harmful,' but not for this reason

Why does China hate crypto mining? It's a question many have asked, but the answer isn't what one would expect. Turns out, as some analysts suspected, it might not be about the coin at all. Answers fThe post China calls crypto mining 'extremely harmful,' but not for this reason appeared first on AMBCrypto.

2021-11-17 21:30	News
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New Bitcoin hash rate highs remove any trace of China mining ban

China’s exit from Bitcoin mining is now all but unnoticeable as network fundamentals take care of their own recovery.

2021-10-28 11:13
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U.S Emerges As The Global Leader In The Bitcoin Mining Industry After China’s Crackdown

China is experiencing an unprecedented challenge to its status as an undisputed crypto mining sector lodestar. New research data indicates that the United States has become the world’s largest bitcoin mining hub, overtaking China for the very first time.

2021-10-14 23:44	xbtusd
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Bitmain To Stop Shipping Antminer Mining Machines To Mainland China

Bitcoin mining hardware manufacturer, Bitmain has halted the supply of mining equipment to mainland China. This decision is a result of the Chinese government’s regulations against cryptocurrencies and allied activities.

2021-10-13 22:48	Cryptocurrency News
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China's State Planner Moves to Eliminate Bitcoin Mining

China's top economic planning agency has added Bitcoin mining to the draft list of eliminated industries, seeking public comment

2021-10-8 16:24
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China’s Ban On Crypto-Assets Forces Huobi Mining Pool To Rotate 100k Bitcoin

The Chinese crackdown on mining activities has awakened a lot of decisions and actions. Many miners are already trooping to the US, the new mining hub, to continue their operations. Recently, the NDRC (National Development & Reform Commission) in China seized more than 10,000 mining rigs in Inner Mongolia.

2021-9-30 17:10
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Bitmain to move mining equipment production outside of China

The world's leading mining equipment manufacturer Bitmain allegedly halts sales in China and plans to relocate production outside of China after the country's cryptocurrency and mining bans.

2021-10-2 02:19	News
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China crackdown shows industrial Bitcoin mining a problem for decentralization

The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation.

2021-6-30 02:14	Proof of Stake
mining china shows large miners exodus scale

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Bitmain Halts Sales Of Bitcoin Mining Rigs Amid China’s Crackdown

Miners relocating out of Bitcoin mining regions in China have flooded the market with… The post Bitmain Halts Sales Of Bitcoin Mining Rigs Amid China’s Crackdown appeared first on Coin Journal.

2021-6-24 14:40	China
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Clean Bitcoin Mining Solutions Grow Thanks To Ongoing China Crackdown

China’s crackdown on Bitcoin mining has led to an increase in clean bitcoin mining operations. Even though trading of cryptocurrencies has been banned in China since 2017, the country still leads the world in crypto mining rigs.

2021-6-17 21:47
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Nasdaq listed Bitcoin miners urge China to open doors to green mining

The CEO of Canaan Inc called for a less indiscriminate mining ban in China.

2021-6-3 13:36	bitcoin mining
mining china canaan ceo inc ban indiscriminate

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Sichuan, China Regulators Meeting up with Power Companies Regarding Crypto Mining

Sichuan, which is the largest hydropower mining area in China and accounts for 10% of China's hash rate, is not the only province gathering information on crypto mining. The post Sichuan, China Regulators Meeting up with Power Companies Regarding Crypto Mining first appeared on BitcoinExchangeGuide.

2021-5-27 20:43	bitcoin mining
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China Turns Attention to Bitcoin Mining as Crackdown Continues

China has announced that it will be cracking down on bitcoin mining within the country, in an attempt to protect the country's financial system while reducing carbon emissions. The post China Turns Attention to Bitcoin Mining as Crackdown Continues appeared first on BeInCrypto.

2021-5-22 15:58
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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	Regulation
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China’s Updated Policy Will No Longer ‘Eliminate’ Cryptocurrency Mining

China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology.

2019-11-6 13:18	China
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Media: China abandoned plans to ban mining

Mining farms in China should no longer be afraid of government repressions. Chinese authorities excluded mining from the list of undesirable types of economic activity.

2019-11-7 12:30	News
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China's NDRC list removes cryptocurrency mining from phase-out category

According to Golden Finance, China's National Development and Reform Commission [NDRC] removed cryptocurrency mining aka virtual currency mining from its Industrial Structure Adjustment Guidance CatalThe post China's NDRC list removes cryptocurrency mining from phase-out category appeared first on AMBCrypto.

2019-11-6 08:51	Trading View
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Mining equipment doubles in price in China

With bitcoin overtopping $10,000, the demand for mining equipment in China has increased drastically. Used mining rigs jumped twice in price.

2019-7-3 21:25	News
mining china equipment price increased drastically jumped

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China’s Bitcoin Mining Ban is a Short-Term Blow, But Easily Recoverable

According to Reuters, the National Development and Reform Commission (NDRC) of China has drafted a proposal that may ban Bitcoin mining. The NDRC is responsible for economic planning, which includes the administration of a list of industries for restriction or elimination.

2019-4-9 18:00	OTC
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A Crypto Blessing: China’s Plan to Ban Bitcoin Mining Will Work Wonders

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.

2019-4-9 15:51	Bitcoin
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Report: Bitmain Plans to Set Up 200,000 Crypto Mining Machines in China

Major cryptocurrency mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China

2019-3-22 22:56	Energy
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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	Mining
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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t

Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week.

2018-6-29 23:07	Mining
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Miners in China arrested during round up, IPO in HK

Mining In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian

2018-6-28 13:37	USD
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Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China

In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian exclave […] The post Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China appeared first on Bitcoin News.

2018-6-28 12:55
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Bitcoin Miner Maker ‘Ebang Communication’ Seeks To Join Hong Kong Stock Exchange (HKEX)

Outside the crypto market, Ebang Communication has positioned itself as a major bitcoin mining chip maker in China but will now look to nail a place in the Hong Kong Stock Exchange (HKEX) in the coming months.

2018-6-26 14:07
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Bitcoin Mining Con Artist Arrested Over $15 Million Fraud

A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months.

2018-6-26 02:30
million mining fraud bitcoin arrested con artist

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Arrest in China over Mining Hardware Con

Still, good old fashioned methods of separating people from their money have not disappeared. A new example of this comes from China where a man allegedly made about $15 million by just appealing to people’s greed, promising mining hardware at a huge discount, and simply running away with the money. Mr. Zhang, a resident of

2018-6-26 22:53	Yuan
people money hardware mining china huge promising

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Alleged Fraudster Arrested in China Over $15M Mining Hardware Con

When making investment decisions it is always important to remember the old saying, “If something looks too good to be true, it probably is. ” This is especially true if anyone promises you a bitcoin mining rig, which people wait for months in advance, at just a third of the retail price.

2018-6-25 21:40
mining bitcoin alleged true 15m arrested fraudster

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IPO filed in Hong Kong by Top Chinese Bitcoin Miner Manufacturer

Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, June 25.

2018-6-25 17:29
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Bitcoin Mineworker Ebang Communication to Go Open in Hong Kong

Following the example of its main rivals, Bitcoin mining chip maker Ebang Communication intends to go public and to offer its stock on the HKEX. As it has become known, one of the largest bitcoin mining chip makers in China Ebang Communication is planning to offering its stock to the public on the Hong Kong

2018-6-25 15:29
bitcoin communication ebang chip mining stock public

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Leading Chinese Bitcoin Miner Manufacturer Files for IPO in Hong Kong

One of China’s largest Bitcoin mining hardware makers, Ebang Communication, has filed an application for an IPO with the Hong Kong Stock Exchange

2018-6-25 15:02	Hong Kong
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Another major mining chips manufacturer in China plans billion-worth IPO

Ebang Communication, one of the largest manufacturers of mining chips in China, has applied for an initial public offering on the Hong Kong Stock Exchange (HKEX).

2018-6-26 14:49	News
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Another Bitcoin Miner Maker Is Seeking to Go Public in Hong Kong

Ebang, one of the largest bitcoin mining chip makers from China, has filed for an initial public offering with the Hong Kong Stock Exchange.

2018-6-25 09:30
hong kong public bitcoin filed china makers

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Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.

2018-6-24 20:05
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Hackers Plop Down in Internet Cafes to Do Their Mining Misdeeds

In China, officials are coming to terms with hackers turning to internet cafes to mine cryptos.

2018-6-20 22:08	News
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CEO Ripple: bitcoin is controlled by China and never becomes world currency

Ripple CEO Brad Garlinghouse said that he does not see in bitcoin a potential global currency because of too high concentration of mining capacities in China.

2018-6-13 17:47	News
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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

2018-6-11 01:34	Investing

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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.

2018-6-11 03:08	Mining

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IREN, once known for mining Bitcoin, is undergoing a dramatic reinvention as an AI infrastructure provider—a transformation that will soon face a critical test.

Bitcoin mining profit crisis hits as difficulty to drop by 14% this weekend while block time spikes to 20 minutes

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Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC

Bitcoin Magazine Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC American Bitcoin, a Trump-family-backed miner, has grown its bitcoin holdings to about 5,843 BTC, making it one of the largest corporate holders.

Tennessee city advances zoning amendments to allow crypto mining

Kingsport City Board of Mayor and Aldermen has approved amendments to zoning rules that make it possible for cryptocurrency mining companies and data centers to operate locally, at a time when noise from such operations has become a contentious issue…

The Bitcoin Market Recovery Is Sending Positive Signs, With Anchor Mining Reaching $4,535 Daily

Bitcoin sentiment is stabilizing as prices recover. With hashrate value rebounding, mining regains focus, Anchor Mining users reportedly earned up to $4,535.

2018-7-1 03:24

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