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Shanghai Man: Fight crypto like COVID-19 urges Global Times, hydro power plants popular ...
2.7.2021
The country celebrates 100 years of Communist Party rule, pressure may be released as the economy goes back to status quo, Beijing subway now trialing e-CNY
Blockware Mining raises $25 million to triple hash rate from Kentucky facility
1.7.2021
Blockware raised $25M in a second oversubscribed round to expand bitcoin mining operations in a state with some of the lowest U.S. industrial electricity costs
Bitcoin posts third monthly red candle with Stock-to-Flow price model echoing early 2019
1.7.2021
It's January 2019 all over again as Bitcoin deviates from stock-to-flow's estimates the most in two-and-a-half years
Kazakhstan to introduce new energy fees for crypto miners in 2022
1.7.2021
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022
China's miner exodus a ‘big net positive for crypto,’ Mike Novogratz says
1.7.2021
Despite China's undermining, Bitcoin still exists and survives in lots of ways, Galaxy Digital's CEO says
Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
1.7.2021
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. Coin Miners in Kazakhstan to Pay Extra...
Celsius users to receive yield from its $200M Bitcoin mining investment
1.7.2021
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky
Crypto miner claims all major Yunnan operations shut down in advance of CCP anniversary
30.6.2021
It's unclear if the shutdowns are due to orders passed down from above or the result of China's announced regulatory crackdown on crypto miners
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...
Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining
30.6.2021
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads...
China crackdown shows industrial Bitcoin mining a problem for decentralization
30.6.2021
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation
Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility
29.6.2021
The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges
Chinese hydropower plants on sale as crypto miners move abroad
29.6.2021
Advertisements for small-scale hydro plants have reportedly surged on Chinese secondhand e-commerce platforms
Active Bitcoin miners now 'unlikely' sellers thanks to profit boost — data
29.6.2021
The upcoming record difficulty drop means mining Bitcoin is about to get a lot more profitable while hash rate slowly returns to the network, Glassnode predicts
Myriad Proof-of-Work Blockchains See Significant Hashrate Losses
29.6.2021
While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable...
Crypto Mining Rigs ‘Selling Like Scrap Metal’ as Mainland China Mood Darkens
29.6.2021
The price of crypto mining hardware is plummeting in China, with reports of mining rigs selling “like scrap metal” on the Mainland as Crypto Crackdown 2.0 is forcing local mining companies to close down.
Per Odaily, as well as Epoch Times and a report from the broadcaster NDTV, mining hardware...
Key Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’
28.6.2021
The Puell Multiple just flashed a buy signal for the fifth time in BTC’s history, but its creator cautions that a plunging hashrate and China’s miner purge are important factors to consider
Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%
28.6.2021
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners...
Crypto miner Hut 8 plans to hold 5K Bitcoin by 2022
28.6.2021
Hut 8 CEO Jaime Leverton said the firm was on track to mine up to 3 additional BTC per day by the end of August
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.
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Exchanges news
Crypto exchange Huobi has suspended crypto derivatives trading for customers in China, according to the updated user agreement....