Bitcoin News / Bitcoin.com - 3 years ago
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools ha...
More / Bitcoin Reddit - 3 years ago
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Bitcoin News / Bitcoin.com - 3 years ago
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that &ldquo...
Cryptocoins News / The Cointelegraph - 3 years ago
Crypto mining pool BTC.com is leaving China after local authorities withdrew its power supply. BTC.com — a major crypto mining pool that is operated by BIT Mining and...
Cryptocoins News / The Cointelegraph - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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Bitcoin News / Bitcoin.com - 3 years ago
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in th...
More / Bitcoin Reddit - 3 years ago
Short answer- because they can’t. submitted by /u/Accomplished_Dig_247 [link] [comments]
Bitcoin News / Bitcoin.com - 3 years ago
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 Crac...
More / Bitcoin Reddit - 3 years ago
Quote - “Historians will write that China had a majority of hashrate within their geographic borders, yet they made decisions that pushed that hashrate into more democratic and capitalistic societies. Just as North Korea chose to embrace the internet...
More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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by COINS NEWS - 3 years ago
The communist party dictates who can do business and strictly outlines every year the strategy with a 99% majority. If you are a foreigner and want to do business you have to have a Chinese "partner". I worked with a couple of those, I wou...
by COINS NEWS - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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Cryptocoins News / The Cointelegraph - 3 years ago
Graphics card prices in China reportedly dropped as much as two-thirds on Chinese e-commerce websites. Amid the ongoing crackdown on cryptocurrency mining in China, pr...
More / Bitcoin Reddit - 3 years ago
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Cryptocoins News / CoinJournal - 3 years ago
Bitcoin’s price has dipped by 17% in the last seven days &- is it time to buy the dip? As China’s mining crackdown rolls out across the country, Bitcoin has seen a reduction in its mining rates. Although there have been crackdowns in...
Bitcoin News / Bitcoin.com - 3 years ago
China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citi...
