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Nalezeno "China Mining": 58

Chinese crypto mining firm Canaan sets up shop in Kazakhstan amid crackdown

23.6.2021
Canaan has started mining Bitcoin with its latest Avalon Miner units in Kazakhstan after setting up a service center in the country earlier this month

Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns

22.6.2021
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. Jim Cramer Worried About China’s Mining Crackdown and Ransomware, Sold Almost All His Bitcoin...

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...

Shanghai Man: Miners banned, exchanges targeted? Here's what's really happening

28.5.2021
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of their own, limiting retail investors in the administrative region

‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector

21.5.2021
A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates...

Foundry’s Mike Colyer on US-China Mining Rivalry and Why Clean Bitcoin ‘Makes No Sense’

18.5.2021
The New York miner says, "We're seeing a lot of hashrate start to come to the U.S." and many states have friendlier regulations these days

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities

1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...

Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup

15.4.2021
However energy consumption has not matched the 170X price increase over the same period

Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot

18.2.2021
Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining

Chinese lottery service 500.com acquires Bitcoin mining pool BTC.com

16.2.2021
Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com

Crypto Mining Farm Spotted Using High-End Gaming Laptops: Report

11.2.2021
Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards

Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars

10.2.2021
Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms

China’s 500.com to Purchase Another $8.5M-Worth of Bitcoin Miners

2.2.2021
The NYSE-listed lottery firm may also acquire another 10,000 miners this year

Bitmain Co-Founder’s Exit Resolves Years-Long Power Struggle as Mining Firm Preps IPO

26.1.2021
Bitmain co-founder Jihan Wu is stepping down from his role as part of his settlement with Micree Zhan

Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat

24.1.2021
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices...

Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

12.1.2021
A clever way for bitcoin miners to get better loan terms

China’s Coal Standoff Causes Power Shortages, Chinese Bitcoin Miners ‘Heavily Affected’

28.12.2020
Regional reports from China detail that bitcoin miners located in certain areas in South China are running short on electricity. The country has been having massive issues with coal prices soaring across the mainland, as the Chinese government hasn’t been allowing coal carriers into ports....