2021-9-28 17:30 |
Launched in China in 2018, SparkPool controls over 22% of Ether’s hash rate as of Monday, second only to Ethermine.
Similar to Notcoin - Blum - Airdrops In 2024
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The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators.
2023-8-22 16:00 | |
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Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The post Could Paraguay emerge as a Bitcoin mining hub after China crackdown? appeared first on CryptoSlate.
2021-6-22 07:00 | |
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The bitcoin bread basket While China controls the lion’s share of Bitcoin’s hashrate, some companies are looking to America’s economically depressed heartland for cheap power to up the mining competition.
2020-12-14 21:16 | |
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Although neither China nor Tether control Bitcoin or each other in a literal sense, there is certainly a much deeper connection among them. China is in the news a lot. Whether it be Bitcoin, a tradThe post China might 'control' Bitcoin, but Tether 'controls' China appeared first on AMBCrypto.
2020-8-27 16:00 | |
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Over the past year, more than $50 billion in cryptocurrencies was moved from digital wallets in China to other jurisdictions, according to the latest Chainalysis report. Chinese people use cryptocurrencies to bypass financial cross-border controls.
2020-8-23 14:29 | |
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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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As per new research, there is less Bitcoin mining power in China than what the majority of crypto enthusiasts believe. A survey conducted by crypto research company BitOoda in collaboration with asset manager Fidelity was released on July 16 and indicates that China controls about 50 percent of Bitcoin mining as opposed to 65 percent. […]
2020-7-19 22:49 | |
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Shifting estimates of China’s Bitcoin mining presence come with the proviso that much capacity remains “unaccounted for.”
2020-7-17 12:23 | |
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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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Ripple CEO, Brad Garlinghouse claims the centralization of Bitcoin mining capacity in China is a major point of weakness for the number one cryptocurrency. "China controls the Bitcoin blockchain.
2020-2-18 16:35 | |
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MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government's quarantine of Wuhan following the coronavirus outbreak.
2020-1-31 20:41 | |
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The Chinese city of Shenzhen, often called the country’s ‘Silicon Valley,’ has reportedly instated new regulatory controls targetting cryptocurrencies. A new legal framework was instituted in the city of Shenzhen recently, a major city in China’s Guangdong region.
2019-11-22 17:10 | |
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It is starting to look like China is going full blockchain with plans to issue a central bank stablecoin, presumably to regain power from WeChat et al which controls the... The post The Blockchain Chessboard OR How China, US, Russia, Europe Win Tomorrow appeared first on Trustnodes.
2019-10-29 22:30 | |
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The central bank of Canada is considering launching a sovereign digital currency that would eventually replace cash and combat the “direct threat” cryptocurrencies pose to monetary controls, The Logic reported.
2019-10-17 10:00 | |
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Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country.
2019-9-10 22:15 | |
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Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls.
2019-9-5 22:19 | |
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According to Jeremy Allaire, the price increases in Bitcoin since the beginning of the year were driven by more than just Chinese investors seeking to avoid capital controls. The Circle CEO claims that a belief in this narrative from investors outside of China is likely to behind the rise too.
2019-8-20 01:00 | |
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According to Jeremy Allaire, the price increases in Bitcoin since the beginning of the year were driven by more than just Chinese investors seeking to avoid capital controls. The Circle CEO claims that a belief in this narrative from investors outside of China is likely to behind the rise too.
2019-8-20 01:00 | |
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The grey market flow of cheap Chinese goods into the Russian market has established a real-world use case for Tether. Millions of dollars worth of USDT are being used every day to sidestep strict capital controls for remittances back to China.
2019-7-30 16:00 | |
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Chinese importers prefer to send funds from Russia back home in USDT %28Tether%29 through OTC traders %96 up to %2430 mln every day%2C to avoid capital controls
2019-7-31 13:29 | |
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Chinese importers prefer to send funds from Russia back home in USDT (Tether) through OTC traders – up to $30 mln every day, to avoid capital controls
2019-7-30 13:29 | |
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China’s central bank is creating its own cryptocurrency in response to Facebook’s Libra, said Wang Xin, director of the People’s Bank of China’s (PBOC) research bureau. Reasoning behind China’s hostility towards cryptocurrency China’s stance towards Bitcoin, and cryptocurrency in general, has been hostile—and understandably so.
2019-7-9 03:12 | |
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A former Chinese central bank advisor was denied transferring $20,000 abroad to pay for a vacation. Could increasing capital controls in China be driving Bitcoin price? Chinese Capital Outflow Controls Are ‘Extreme’ Yu Yongding is a former advisor to the People’s Bank of China.
2019-5-31 14:00 | |
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China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar According to the latest report by South China Morning Post, Chinese banks have increased their scrutiny of foreign currency withdrawals.
2019-5-8 20:34 | |
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In life, they say that you can only rely on death and taxes. While this may be true, I’d like to propose a third: that China will always be the Bitcoin mining capital of the world. In fact, it controls up to 80% of the world’s total hash rate, is responsible for manufacturing the vast majority […] The post Bitcoin Mining in China appeared first on ZyCrypto.
2018-12-9 22:34 | |
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Will the future see crypto-wars between US-backed Ripple and China-dominated Bitcoin? This is not a rhetoric question or pulp fiction. For there is a growing concern in the United States that China has a stranglehold on the world’s biggest crypto – Bitcoin.
2018-10-16 18:27 | |
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The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.
2018-8-28 19:11 | |
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Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed a $400 million Series B funding round. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO.
2018-7-7 15:00 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week.
2018-6-29 23:07 | |
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The DataBroker DAO platform has been on a roadshow in China since June 12, 2018. Amidst that backdrop, the team has extended the closing date of its token sale to June 30, 2018. According to research results, China has the largest market for IoT sensor data and hardware.
2018-6-21 14:57 | |
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When the world's second-largest economy sneezes, global markets pay attention. China, facing a deflating property bubble, is on the brink of implementing a massive monetary stimulus that will boost risk assets
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.
Hong Kong plans to implement European-style reporting rules for OTC crypto derivatives, including the use of DTIs, by 2025.
China’s benchmark government bond yield fell to a nearly 22-year low with experts attributing the development to a shift in investor behaviour towards fixed-income products amid a fragile economic recovery.
The Industrial and Commercial Bank of China (ICBC), the world’s biggest lender, recently published a report highlighting the potential of Bitcoin (BTC) and Ethereum (ETH). The report notably refers to Ethereum as “digital oil,” emphasizing its crucial role in the evolving digital economy.
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.