2020-11-19 19:59 |
China has closed off many Over the Counter (OTC) selling pipelines for bitcoin and crypto miners according to local reports. A significant number of miners have been unable to cash... origin »
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Since China cracked down on Bitcoin mining, North American miners have been stacking BTC.
2021-8-19 02:00 | |
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Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there.
2021-6-18 20:00 | |
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A self-claimed Chinese cryptocurrency reporter, Colin Wu, who has an exclusive focus on the crypto mining industry, regulation and exchanges in China, took to twitter today to share that Bitcoin minerThe post China’s bitcoin miners struggle to pay bills due to govt crackdown appeared first on AMBCrypto.
2020-11-17 20:00 | |
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Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country.
2020-11-16 17:32 | |
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Chinese Bitcoin miners are experiencing difficulties in paying their electricity bills as law enforcement engages in major card freezing operations. From supply chain disruptions caused by the coronavirus lockdowns to excessive flooding during the Sichuan monsoon season, Bitcoin (BTC) miners in China are enduring a challenging 2020.
2020-11-16 16:26 | |
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Bitcoin miners in China have faced trouble paying for electricity as the government continues to crack down on the exchange of crypto and yuan, according to Colin Wu
2020-11-16 13:37 | |
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With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.
2020-11-14 03:00 | |
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Bitcoin price may have taken a breather after a 20% rally, but the same can’t be said about the hash power miners are using to produce BTC. Towards the end of Sept. , the network's hash rate hit a new all-time high in terms of raw value, as per Blockchain.
2020-11-11 20:43 | |
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Iran has gradually become one of the leading crypto-mining hotspots in the world after China. The country turned to crypto amid growing concerns over its economy due to inflation and sanctions from the United States.
2020-9-23 19:23 | |
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After obtaining clearance to begin crypto mining operations, some power companies in Iran are planning to also sell electricity to cryptocurrency miners in the country. Iran is apparently becoming one of the major cryptocurrency mining hubs outside China.
2020-9-22 20:11 | |
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Multiple mining groups in China have announced that they will fork Filecoin’s blockchain as they claimed to be dissatisfied with mining rewards, according to a report in Sohu.com, a Chinese media coThe post Dissatisfied miners in China want to fork Filecoin appeared first on AMBCrypto.
2020-9-18 23:30 | |
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The new report published by the Stack Funds shows that heavy rains and monsoon season in China has not forced miners to step back from mining Bitcoin. Lately, China has been experiencing power outage issues because of the rains.
2020-9-11 12:19 | |
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Coinspeaker Ripple Co-Founder Chris Larsen Says China Can Reverse BTC TransactionsLarsen stresses on the fact that China-based miners currently control 65% of the BTC hashrate and can have absolute control over the protocol in the future.
2020-8-24 14:08 | |
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Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners.
2020-8-19 20:30 | |
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Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last.
2020-8-12 02:32 | |
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This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province.
2020-8-5 03:00 | |
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Bitcoin miners in Kazakhstan will soon be paying taxes to the state as the government looks to raise funds for COVID-19 recovery plans. Outside China, Kazakhstan controls the third-largest share of the global Bitcoin (BTC) mining hash rate.
2020-8-5 21:39 | |
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China's bitcoin miners are in a rut during a period of intense flooding, Ripple shows signs of sales growth and INX scaled down its IPO vision.
2020-8-4 19:05 | |
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Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever.
2020-8-4 11:00 | |
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Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News.
2020-7-24 03:00 | |
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Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the United States and China are a major catalyst.
2020-7-2 22:23 | |
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Ethereum has processed more than one million transactions a day for the first time in two and a half years. Quickly after ethereum miners increased capacity by 25%, the ethereum...
2020-6-23 19:54 | |
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After the halving last month, the bitcoin hash rate is recovering while China’s rainy season is helping with the cost. On one side, miners are ramping up their efforts with Hut 8 looking to raise $5.
2020-6-13 19:34 | |
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Bitcoin halving resulted in a 33% drop in hashrate. Government of China's Sichuan province's latest directive asked miners to swiftly halt all mining activities. This could result in another 10% drop The post Siberia could be a gold mine for Bitcoin miners appeared first on AMBCrypto.
2020-6-11 21:01 | |
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China has frozen the bank accounts of many bitcoin miners according to local media reports as a crackdown intensifies following Yuan’s devaluation. “Many miners and OTC merchants said that many.
2020-6-11 16:15 | |
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China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity.
2020-6-6 20:05 | |
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China’s Poolin is bolstering its cryptocurrency lending business. The firm announced a partnership with BlockFi, the U. S. -based lending firm late on June 2, 2020. Bitcoin Liquidity for Miners As reported on Coindesk, Poolin’s mining business will now expand to include more lending and financial services.
2020-6-3 18:07 | |
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The Bitcoin educator discussed the impact of the drop in oil prices on electricity... The post A drop in oil prices will benefit crypto miners in the US and China, Antonopoulos claims appeared first on Coin Journal.
2020-6-1 17:13 | |
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China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners.
2020-5-23 19:00 | |
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Over the last few years, the largest and most active Bitcoin miners have operated from China. These large miners include Bitmain, a miner that has been involved in some tug-of-war scenarios in the recent past, one of them being the hash war of 2018 following the hard fork that led to the split of the […]
2020-4-27 10:59 | |
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China is the Bitcoin mining capital of the world primarily because of the availability of clean hydroelectricity in abundance at an affordable price. This is the primary reason Chinese Bitcoin mining farms are responsible for over 60% of Bitcoin mining.
2020-4-24 20:26 | |
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Binance launches the Venmo of Africa, Cuba gets a new exchange and Starbucks will trial the "digital yuan."
2020-4-24 20:15 | |
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2020 has turned out to be quite an unpredictable year. The rising uncertainty resulting from the COVID-19 pandemic has taken the world by storm, disrupting every avenue of action and having a considerThe post China's Bitcoin miners remain 'cautiously optimistic' as halving nears appeared first on AMBCrypto.
2020-4-11 13:00 | |
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Thousands of mining firms across Asia are sailing in troubled waters. With Bitcoin‘s price hitting a 10-month low, 2.3 million S9 miners were wiped out in China recently. Source: Bitcoin HashraThe post Bitcoin: Miners are most bullish; investors and hodlers come next appeared first on AMBCrypto.
2020-4-6 11:00 | |
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Hosted by CoinDesk Research Analyst Christine Kim, the first episode of the Bitcoin Halving 2020 podcast series is about the impact of bitcoin’s third halving on the concentration of miners in China.
2020-4-5 17:00 | |
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The recent 50% crash in Bitcoin price may have long-lasting consequences for miners and possibly signal the end of China’s overwhelming dominance of the mining industry?
2020-4-5 02:40 | |
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Rising electricity prices in China and pressure from local authorities are forcing Chinese miners to look for new locations to place mining capacities. Many choose nearby countries such as Kazakhstan and Uzbekistan.
2020-3-1 02:25 | |
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During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […] The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News.
2020-2-22 20:12 | |
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Talking to a TV anchor, Ripple CEO Brad Garlinghouse criticized Bitcoin for being represented by ‘four miners in China. ’ Ripple is taking a more aggressive stance towards Bitcoin as it tries to position itself as a cheaper alternative.
2020-2-18 15:10 | |
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It’s no secret that the majority of Bitcoin’s miners are located in China, with the geographical centralization of this mining power being a go-to critique for the cryptocurrency’s critics. This sentiment was recently echoed by Ripple CEO Brad Garlinghouse, who explained in a recent interview with CNN’s Julia Chatterley that the heavy concentration of miners […] The post Ripple CEO blasts concentration of Bitcoin miners in China, but his critique misses the mark appeared first on CryptoSlate.
2020-2-18 08:07 | |
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The Coronavirus is beginning to negatively affect global industries; this is especially true in electronics manufacturing. Factories in China have been closed for the Lunar New Year and were expected to open Monday, but could face struggles due to the disease.
2020-2-13 13:10 | |
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A key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.
2020-2-12 08:00 | |
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With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing Communal Electricity Needs Over Crypto Miners According to Asia Times, authorities in Sichuan Province, China, are reportedly leaning on Bitcoin miners to cut down electricity consumption.
2019-12-31 20:16 | |
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Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies.
2019-12-28 23:05 | |
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Chinese Bitcoin miners now control a record proportion of the network’s hashrate, according to new research. An estimated 65% of BTC mining now happens in China. CoinShares, a digital asset investment fund, noted this high since the firm started monitoring the network in late 2017.
2019-12-13 01:46 | |
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Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
2019-12-11 22:29 | |
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When bitcoin starts to turn south and the selloff intensifies, fingers start pointing. The crypto community wants to blame something and the mainstream media wants to sensationalize fearful headlines to get their clicks.
2019-11-30 13:30 | |
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China started the decline in BTC price and miners releasing additional supply into the market further put pressure S9-Antminer rigs no longer profitable, so the old machines need to get a shakeout. Miners are easy to regulate and provides tax revenue benefit unlike crypto exchanges that helped fuel speculation and capital flight in China What is […]
2019-11-26 02:04 | |
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Coinspeaker China Won’t Be Banning Bitcoin Mining Activities in the CountryGreat news for cryptocurrency miners as they can now leverage China's abundant supply of cheap and affordable hydroelectric power for Bitcoin mining activities.
2019-11-7 16:18 | |
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Ethereum's net taker volume remained deep in the red, signaling sustained sell pressure over the past few months. Despite the selling pressure, the total number of ETH holders continued to incrThe post Ethereum faces heavy sell-off - So how are investors still holding strong? appeared first on AMBCrypto.
The declining crypto trading volume raised concerns about weakening market momentum and trader exhaustion. Sustained recovery requires both rising prices and increasing trading volume for stronThe post Crypto trading volume plunges 63% despite market cap recovery - Rally at risk? appeared first on AMBCrypto.
Global asset manager Franklin Templeton has officially entered the XRP ETF race, filing an S-1 form with the U.S. Securities and Exchange Commission (SEC).
The U. S. Strategic Bitcoin Reserve boosts global government interest in cryptocurrency adoption. Deutsche Bank sees Bitcoin as a “hard reserve asset” with strong diversification potential.
Pepe Coin (PEPE) has experienced a significant price surge, rising by 11.27% in the past 24 hours to reach $0.000006370.
Сообщение Ripple Secures Historic Approval in Dubai, Pioneering Regulated Crypto Payments in the UAE появились сначала на Coinstelegram.
Retail investors are excluded, limiting broader crypto participation. Russia debates Bitcoin as a reserve asset, but officials prioritize gold and yuan. The Bank of Russia has proposed a thrThe post Bank of Russia’s elite crypto regime: Trading restricted only to millionaires? appeared first on AMBCrypto.