by COINS NEWS - 2 years ago
Few hours ago, China pulled the plug on all mining in Sichuan province, which as per the Cambridge study contributes around 10% to BTC's Global Hashrate. We are already seeing hashrate drop in large pools such as AntPool which has dropped 3...
Cryptocoins News / The Cointelegraph β - 2 years ago
Crypto miners in Ya'an City have reportedly been ordered to temporarily shut down their operations. Chinese authorities continue to crack down on cryptocurrency mining...
Cryptocoins News / CoinJournal - 2 years ago
Xinjiang and Qinghai provinces have reportedly ordered miners to shut down their operations amid Beijing’s relentless crackdown.
China’s latest move against bitcoin mining is seeing more and more miners pushed out of the major mining regi...
Bitcoin News / Bitcoin.com - 2 years ago
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 Qingh...
Bitcoin News / Bitcoin.com - 2 years ago
An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly...
Bitcoin News / Bitcoin.com - 2 years ago
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot sh...
Bitcoin News / Bitcoin.com - 2 years ago
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite...