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Regional CCP Chief Arrested Over Crypto Links as China Hunts Crypto Users

8.12.2021
  A high-flying regional Communist Party official who was expelled from the party last month for allegedly supporting crypto miners has been arrested. Meanwhile, individuals are being caught sending money abroad using crypto. Per the Epoch Times and the Xinhua news agency, Xiao Yi, the former...

Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More

8.12.2021
  US lawmakers should take steps to bring crypto-related activities into the regulated financial system, while also developing a “national policy for a decentralized Web 3” as they did for Web 1 in the 1990s, Brian Brooks, CEO of Bitcoin (BTC) mining firm Bitfury, wrote in a testimony ahead of...

Cryptocurrency Exchange Huobi Global to Leave China This Month

8.12.2021
Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic...

Top 7 Bitcoin & Crypto Mining Stocks You Could Add to Your Stock Portfolio

7.12.2021
  With the price of bitcoin (BTC) pushing for yet another all-time high before its latest drop, and with the recent shake-up in hash power distribution following China’s bitcoin mining ban last summer, bitcoin mining operations have been enjoying substantial profits. Adding a bit of exposure...

Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

5.12.2021
Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s....

China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations

5.12.2021
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...

Russia, Ukraine Shut Down Several Cryptocurrency Farms

5.12.2021
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining...

Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and ‘Home Miners’

4.12.2021
  Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators – and even those mining on rigs and cards at home – as Beijing moves to squash the mining industry once and for all.... Read More: Chinese Crypto...

Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’

2.12.2021
  Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal. The bill has been in the pipelines for several months, and was...

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