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U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […] дальше »

2021-7-1 00:05


Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high

Miners led the charge to one of the biggest sell-offs in recent history, and no one is paying attention to this change in the dynamic of bitcoin hash rate distribution. With China getting serious and banning mining activities in Sichuan, they essentially wiped out 90% of total bitcoin mining activities and forced miners out of […] The post Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high appeared first on ItsBlockchain. дальше »

2021-6-28 15:40


Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown

Leading Bitcoin mining rig manufacturer Bitmain Technologies Ltd has reportedly stopped the sales of mining rigs following the Chinese crackdown on crypto mining. Influx Of Secondhand Sellers Causes Bitmain To Stop Sales The Beijing mining giant decided to halt sales of machines for spot delivery due to the high rate of secondhand Bitcoin miners selling […] The post Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown first appeared on BitcoinExchangeGuide. дальше »

2021-6-24 18:12


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Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’

Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below the 100 exahash per second (EH/s) region. During the last 24 […] дальше »

2021-6-24 19:30


Iranian Authorities Raid Illegal Cryptocurrency Farm, Seize 7,000 Bitcoin Mining Machines

More than 7,000 mining machines have been confiscated by the Iranian authorities at an illegal crypto mining farm operating in the country's capital, Tehran. Iran’s Crackdown On Crypto Miners According to a report by Iranian state media, the Islamic Republic News Agency (IRNA), the raid is part of efforts aimed at stopping illegal crypto mining […] The post Iranian Authorities Raid Illegal Cryptocurrency Farm, Seize 7,000 Bitcoin Mining Machines first appeared on BitcoinExchangeGuide. дальше »

2021-6-23 18:15


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Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17%

Bitcoin’s hashrate has plunged by 16.94% over the past 24 hours after the Chinese province of Sichuan directed energy companies to stop providing BTC miners with power. A report unveiled this news on June 19, noting that the province took this step after a meeting between China’s Science and Technology Bureau and the Sichuan Ya’an […] The post Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17% appeared first on Invezz. дальше »

2021-6-21 17:06