2021-12-17 10:23 |
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China banning different crypto related activities has been springing up in the news quite often, over the last few months. As it happens, China's inhibitory stance against crypto continues to show up The post China curbs short-video content on crypto mining, trading, to 'improve' content quality appeared first on AMBCrypto.
2021-12-16 18:30 | |
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Over the past few years, the Chinese government declared a full-fledged war on the crypto industry, barring its citizens from carrying out either trading activities or mining digital assets. While this action has led to the demise of many crypto-related firms in the country, interest in the industry appears unaffected as a recent tweet from […] The post Chinese citizens are showing more interest in Web 3.0 appeared first on CryptoSlate.
2021-12-14 16:29 | |
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China announced a ban on cryptocurrencies earlier this year, which caused a major disruption to Bitcoin mining activities. Mining firms in China were forced to shut down, which prompted them to seek overseas locations to establish new mining facilities.
2021-12-12 18:47 | |
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As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a […] The post Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running appeared first on CryptoSlate.
2021-11-25 14:01 | |
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China’s Communist Party has ousted one of its top officials for reportedly turning a blind eye to cryptocurrency mining activities. China Sends Yet Another Stern Message That Crypto Mining Is Illegal Per the announcement, Xiao Yi was also the vice-chairman of the Jiangxi Provincial CPP Consultative Conference, besides being a party member of the Communist […]
2021-11-17 22:39 | |
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Xiao Yi, an official of the Chinese Political Party, has been called out for alleged abuse of power. Xiao Yi, a former vice-chairman of Jiangxi provincial committee of Chinese People’s Political Consultative Conference has allegedly abused his power to lend credence to cryptocurrency mining activities, against the government ban on all mining activity.
2021-11-13 17:17 | |
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The growth of the digital currency ecosystem was almost stumped in the second quarter of the year when the environmental impacts of cryptocurrency-related activities were brought to the fore. From Elon Musk to the Chinese government who banned Bitcoin mining on its shores, one thing is clear, and it is to reaffirm that despite theRead More
2021-11-6 15:00 | |
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The move could signal plans by Chinese authorities to amend its previous negative stance on Bitcoin and cryptocurrency mining activities.
2021-10-21 15:35 | |
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Bitcoin miners are revolutionizing the energy industry through sheer ingenuity. Bitcoin enthusiast Anthony Pompliano noted the growing trend of mining bitcoin on oil fields. This method has the benefit of reducing flarings and emission as the environmental impact of mining activities are called into question.
2021-10-15 07:41 | |
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According to a recent analysis, China’s clampdown on bitcoin mining activities did not stop miners from hodling the flagship crypto. Data from statistics tracker Cryptoquant shows that miner outflow currently is not as high as it was in the first quarter of 2021.
2021-10-14 23:00 | |
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Bitcoin mining hardware manufacturer, Bitmain has halted the supply of mining equipment to mainland China. This decision is a result of the Chinese government’s regulations against cryptocurrencies and allied activities.
2021-10-13 22:48 | |
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China’s authoritarian government has fixed its sights firmly on cutting all access to cryptocurrency-related activities in the country. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank reiterating the ban by announcing that all crypto-related business dealings were now “illegal” late last month prompting cryptocurrency businesses to begin to […]
2021-10-13 14:50 | |
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Despite the Ethereum burn introduced with the London hard fork, miners are still making a good amount of revenue from mining. For ETH, the balance held by miners had been dropping since 2016. This was mostly a combination of poor market conditions and miners selling their holdings to fund their mining activities.
2021-10-9 20:35 | |
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About two dozen cryptocurrency firms have fled the country after PBOC explicitly warned foreign platforms about providing services to its citizens, calling them illegal financial activities. The post China’s National Development & Reform Commission Adds Crypto Mining to Outdated Industry first appeared on BitcoinExchangeGuide.
2021-10-8 18:49 | |
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Iran has rescinded its decision to ban bitcoin mining after four months. The Iranian government closed the lid on mining activities in a bid to preserve electricity consumption through the summer months.
2021-10-3 15:46 | |
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The Chinese crackdown on mining activities has awakened a lot of decisions and actions. Many miners are already trooping to the US, the new mining hub, to continue their operations. Recently, the NDRC (National Development & Reform Commission) in China seized more than 10,000 mining rigs in Inner Mongolia.
2021-9-30 17:10 | |
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Ethereum is the most recent asset caught in the path of the bulldozing machine that is China’s crackdown on crypto and crypto-related activities. When the country had begun to crackdown on mining earlier in the year, much focus had been placed on bitcoin given that it was the most popular cryptocurrency in the market. And […]
2021-9-29 02:00 | |
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China has increased its crackdown on crypto-related activities, and this has resulted in users… The post Alibaba to ban the sale of crypto mining equipment from October appeared first on Coin Journal.
2021-9-28 13:47 | |
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Following a series of upward move in its activities spanning over 90 days, Bitcoin hashrate is moving forward again as it has recorded a 128 percent increase within this period. The post Bitcoin (BTC) mining hashrate rises twice in the last 90 days appeared first on CryptoSlate.
2021-9-21 13:00 | |
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Following a series of upward move in its activities spanning over 90 days, Bitcoin hashrate is moving forward again as it has recorded a 128 percent increase within this period. The post What now for Bitcoin (BTC) as mining hashrate rises twice in the last 90 days appeared first on CryptoSlate.
2021-9-22 13:00 | |
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After the China's ban on mining, other countries around the world opened up avenues for mining activities which are now picking up again. Now, in terms of mining revenue, BTC miners generally dominateThe post Why Ethereum miners are making more than Bitcoin miners appeared first on AMBCrypto.
2021-9-6 11:00 | |
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Iran’s Ministry of Industry, Mine and Trade questioned Tavanir’s claims that illegal mining activities consume 2,000 megawatts of power.
2021-9-2 13:35 | |
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North America-based Bitcoin miner Genesis Digital Assets is ramping up its mining capacity. Earlier this week, the company announced the successful purchase of 20,000 mining rigs from Canaan Creative as it looks to continue scaling up its mining activities.
2021-9-1 22:28 | |
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The unrest in China related to mining activities led miners to an exodus. As miners relocated their systems to Kazakhstan and the United States, among other countries, the Bitcoin miner reserves were The post This Bitcoin metric is close to hitting its previous ATH appeared first on AMBCrypto.
2021-8-13 03:00 | |
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The St. Mary’s University School of Law professor called for more scrutiny on the activities of miners, especially regarding their role in transaction ordering on the blockchain.
2021-7-29 15:42 | |
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The current crackdown on mining activities in China appears to be gaining steam. Three provinces Henan, Gansu, and Anhui, have joined the nationwide crackdown on crypto farms. Henan, Gansu, and Anhui to Crack Down on Mining Activities Local news outlets have reported different reports on the crackdown on crypto mining activities within the country. HeifiRead More
2021-7-15 23:00 | |
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Mining cryptocurrencies is one of the most notable and inevitable activities in the crypto space. Cryptocurrency mining is as old as the evolution of Bitcoin being the first decentralized cryptocurrency ever founded.
2021-7-5 21:42 | |
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The recent havoc caused by China's crackdown on Bitcoin mining activities has led to an exodus of miners; they're shifting their operational base to other geographical locations. The US with greener sThe post Bitcoin miners pay attention, they 'WANT' you in Wyoming appeared first on AMBCrypto.
2021-7-4 08:00 | |
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The Bitcoin Mining Council, a self-regulating group they aren’t ‘responsible” that assesses Bitcoin mining companies and mining activities, has revealed the result of its Q2 findings based on electricity consumption and sustainable power mix.
2021-7-2 19:00 | |
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China started closing down Bitcoin mining operations as it sees the crypto activities as a threat to the environment; on top of that, the decentralized network and unregulated business operations can open avenues for illegal activities.
2021-7-2 13:11 | |
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Miners led the charge to one of the biggest sell-offs in recent history, and no one is paying attention to this change in the dynamic of bitcoin hash rate distribution. With China getting serious and banning mining activities in Sichuan, they essentially wiped out 90% of total bitcoin mining activities and forced miners out of […] The post Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high appeared first on ItsBlockchain.
2021-6-28 15:40 | |
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The El Salvadoran government seems to be pushing ahead with its plans for bitcoin mining in the country, which would see the use of geothermal energy to power BTC mining activities in the country. Geothermal Energy for Bitcoin Mining Still in Place El Salvador President Nayib Bukele in a tweet on Wednesday (June 23, 2021),Read More
2021-6-23 17:00 | |
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Major Chinese bitcoin mining company BIT Mining Limited said that it completed the delivery of the first batch of mining machines to Kazakhstan, with other batches following later. The move follows a series of crackdowns on bitcoin mining activities by the Chinese government.
2021-6-23 23:00 | |
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According to a June 21 Reuters report, the Agriculture Bank of China (AgBank) has moved to clamp down on crypto transactions and mining activities. AgBank, which is China’s major banking institution, cited recent guidelines from China’s central bank as the reason for its ban on virtual currencies.
2021-6-22 16:50 | |
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The entire crypto market is down more than 10% in the last two days as China is cracking down on large-scale bitcoin miners. This is no longer FUD as we have observed the hash rate drop to an eight-month low.
2021-6-22 16:42 | |
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Bitcoin mining activities might be coming to an end as the industry is used to knowing them. The Asian giant has decided to step up its regulations on this sector; many miners have decided to migrate to friendlier countries.
2021-6-19 19:08 | |
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This week the Iranian government released a statement regarding the need for a legal framework for crypto activities within the country. The post Iran Introduces Legal Framework for Crypto Despite Ongoing Mining Ban appeared first on BeInCrypto.
2021-6-12 15:13 | |
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New York authorities have soft-pedaled on the move to completely ban bitcoin (BTC) mining activities in the state via bill 6486 proposed by Senator Keven Parker earlier in May 2021. The bill has now been amended to allow only bitcoin mining operations powered by renewable energy to operate in the state. New York Bitcoin MinersRead More
2021-6-11 18:00 | |
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The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country. Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President made the statement while presiding over the Economic Coordination Board meeting held on Tuesday (JuneRead More
2021-6-11 13:00 | |
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Microblogging platform Weibo has reportedly banned cryptocurrency accounts on its platform. The ban is coming as China is stepping up its crackdown on Bitcoin trading and mining in the country. There could be more actions expected, which will include linking cryptocurrency activities directly with China’s criminal law.
2021-6-8 14:28 | |
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A fresh wave of regulations on crypto mining and related activities coming from the Chinese government recently hit the market hard, causing cautious miners and traders to halt all or part of their operations in China.
2021-6-4 06:52 | |
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Trading activities on Chinese over-the-counter (OTC) desks have started to gain momentum once again just a few weeks after authorities announced plans to crack down on bitcoin (BTC) trading and mining operations, according to a Bloomberg report on May 30, 2021.
2021-6-1 15:00 | |
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Coinspeaker Chia Network’s XCH Price Slumps as Mining Activities ‘Destroyed’ Hard Disc Supply Chains It is essentially clear that the mining of Chia coin comes with its own challenges, even though it takes less energy compared to Bitcoin as it is based on the Proof-of-Stake (PoS) model.
2021-5-30 14:19 | |
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Bitcoin miners have been on the hot seat this year. The market recently reacted to the Chinese government cracking down on mining activities with investors rolling out cash from the Bitcoin market. The unrest seems to be far from over as the Iranian government has also clamped down on cryptocurrency activities in the country. According […]
2021-5-27 20:46 | |
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The banking system has always been against virtual currencies like bitcoin, and they repeatedly use it to raise concerns about mining activities harming the environment. Still, according to the latest report presented by Greenpeace and WFF, it is found that banks themselves have contributed to a majority of climate chaos.
2021-5-27 18:26 | |
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China is making its sanctions on Bitcoin miners even tougher after its Inner Mongolia regional government set out more stringent punishment for violators. On Tuesday, the Inner Mongolia, National Development and Reformation Commission (NDRC) issued a proposal, outlining 8 areas that are perceived as illegal for crypto mining activities.
2021-5-26 11:15 | |
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Following his earlier criticisms of Bitcoin’s energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities. New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based in North America were committedRead More
2021-5-26 13:30 | |
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While the global cryptocurrency market is presently experiencing a serious correction, Ethereum miners have continued to make a fortune from their ether (ETH) mining activities. According to data released by The Block Research on May 23, 2021, ETH miners have generated about$1.
2021-5-24 14:30 | |
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The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More
2021-5-22 01:00 | |
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