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Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia


Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle...

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...

China Might Introduce Blockchain Standards for Financial Firms


China could be on the verge of introducing nationwide blockchain standards to govern the nation’s financial organizations, per a new report. According to media outlet Caixin, an unnamed “authoritative” source stated that the central People’s Bank of China (PBoC) has issued a set of “blockchain...

Devastating Floods in China Raise Questions About Bitcoin Mining Too


Source: a video screenshot, Youtube/ARIRANG NEWS With cities under water, billions in damages already reported, and the amount of flooding that China hasn't seen in years putting an increasing pressure on the world's largest hydropower station, there is reasonable concern that mining facilities...

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