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Nalezeno "China Bitcoin Mining": 17

Report: Chinese Customs Authority Confiscates 49 Old ASIC Antminers

22.2.2022
Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices using falsified documents. Devices to Be Disposed of in Accordance With Regulations Huangpu Customs...

Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos

7.1.2022
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining rig. Chinese Crackdown...

Recent Chinese Bitcoin Court Ruling ‘Not an Isolated Case’ & Part of ‘an Ongoing Trend’

27.12.2021
A court ruling in China from earlier this month claiming that a Bitcoin (BTC) mining contract was “void” was not an outlier, according to a new report, which added that Chinese courts have made similar rulings prior to the crackdown this year.... Read More: Recent Chinese Bitcoin Court Ruling...

Chinese province to cut off Bitcoin miners from hydropower stations

23.8.2021
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction

China shuts down crypto mining in Anhui province

14.7.2021
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations

Huobi Suspends Crypto Derivatives In China, Bitcoin Mining In Iran + More News

28.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Exchanges news Crypto exchange Huobi has suspended crypto derivatives trading for customers in China, according to the updated user agreement....

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

23.6.2021
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...

Bitcoin price clings to $32K as on-chain metrics hint at further downside

22.6.2021
China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low

Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....

Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications

31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...

Chinese BTC miners equivalent to Quebec's output on the move: Slush Pool

28.5.2021
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move

Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin

12.8.2020
Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last

Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China

18.6.2020
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation...