Miners Unable to Sell Their Bitcoin as China Freezes Accounts

Miners Unable to Sell Their Bitcoin as China Freezes Accounts
фото показано с : trustnodes.com

2020-11-19 19:59

China has closed off many Over the Counter (OTC) selling pipelines for bitcoin and crypto miners according to local reports. A significant number of miners have been unable to cash... origin »

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miners china bitcoin unable according local crypto

Источник: trustnodes.com

miners china → Результатов: 126


Chinese Bitcoin Miners Struggling to Keep the Lights on Amid ‘Frozen Card Tide’

Chinese Bitcoin miners are experiencing difficulties in paying their electricity bills as law enforcement engages in major card freezing operations. From supply chain disruptions caused by the coronavirus lockdowns to excessive flooding during the Sichuan monsoon season, Bitcoin (BTC) miners in China are enduring a challenging 2020.

2020-11-16 16:26


Фото:

2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News.

2020-7-24 03:00


Фото:

Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners

During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […] The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News.

2020-2-22 20:12


Ripple CEO blasts concentration of Bitcoin miners in China, but his critique misses the mark

It’s no secret that the majority of Bitcoin’s miners are located in China, with the geographical centralization of this mining power being a go-to critique for the cryptocurrency’s critics. This sentiment was recently echoed by Ripple CEO Brad Garlinghouse, who explained in a recent interview with CNN’s Julia Chatterley that the heavy concentration of miners […] The post Ripple CEO blasts concentration of Bitcoin miners in China, but his critique misses the mark appeared first on CryptoSlate.

2020-2-18 08:07


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