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Bitcoin hashrate hits 8-month low as Chinese miners power down
21.6.2021
Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop
Please Get Down From There
21.6.2021
Debbie Tsoi is an artist who has worked on series like Battlefield, Far Cry and Assassin’s Creed.Read more
Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting
20.6.2021
The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. Bitcoin’s...
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....
City in Sichuan reportedly orders crypto miners to shut down for investigation
18.6.2021
Crypto miners in Ya'an City have reportedly been ordered to temporarily shut down their operations
Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level
18.6.2021
Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall
Star Wars Studio Head At Ubisoft Steps Down
17.6.2021
Following a rocky year that included allegations of abuse and misconduct, Ubisoft once again finds itself in uncertain territory. Ubisoft Massive managing director David Polfeldt is stepping down.Read more
Yield Guild Games doubles down on play-to-earn model with $4M funding round
16.6.2021
The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors
Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction
16.6.2021
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this...
Bullish all the way? MicroStrategy doubles down on its Bitcoin bet
16.6.2021
MicroStrategy’s latest bond offering seeks to deliver a yield of 6.25%–6.5% — significantly higher than an average junk bond yield of 4.01%
Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
16.6.2021
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. Over...
Bitcoin Breaks USD 41,000 While Paul Tudor Jones Doubles Down On It
14.6.2021
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After three weeks of being stuck below the USD 40,000 level, bitcoin (BTC) finally broke it and went even higher. Meanwhile, famous hedge fund manager Paul Tudor Jones says he certainly wants 5% of his portfolio in BTC.
BTC...
Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
14.6.2021
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining...
Iran Seizes 3,000 Crypto Mining Devices in a Week
10.6.2021
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. Over 500 Crypto Mining...
Equal Columns With Flexbox: It’s More Complicated Than You Might Think
10.6.2021
As awesome as flexbox is, what it’s doing under the hood is actually a little strange because, by default, it is doing two things at once. It first looks at the content size which is what we would get if by declaring width: max-content on an element. But on top of that, flex-shrink is also doing...
China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down
10.6.2021
Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. Similarly, the Qinghai Industry and Information Technology...
Proposed New York Bitcoin mining ban watered down to allow green projects
10.6.2021
New York senators have amended a proposal to ban all crypto mining for three years, and are now seeking to only stop mining firms backed by carbon-based fuel sources
Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down
9.6.2021
An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin...
NYAG Court Order to Shut Down Coinseed Succeeds, CEO Creates Profanity Token for Attorney General
9.6.2021
The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. Following the announcement of...
Crypto investment platform Coinseed shuts down amid NYAG lawsuit
8.6.2021
Coinseed also created an ERC-20 token whose message is targeted at New York Attorney General Letitia James