China: Massive Floods Shatter Mining Facility in Sichuan Province

2019-8-22 23:00

According to videos published on Twitter on the morning of August 21 by Poolin, a cryptocurrency mining facility has been severely damaged due to a massive flood that hit China’s Sichuan province in the last weeks.

Natural Disasters It has been two weeks since China’s national weather observatory issued a yellow alert for rainstorms, asRead MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Источник: btcmanager.com

china cryptocurrency → Результатов: 126

China’s Cryptocurrency Verdict: Legal Property Or Trouble Ahead?

Cryptocurrency has long been a contentious subject in China, with the government imposing strict regulations and outright bans on various aspects of the industry. However, a recent report from China’s People’s Court challenges this historical stance, offering newfound recognition to virtual assets as legal property.

2023-9-2 18:00	ethusd
china cryptocurrency property legal people court recent

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Is China Pressuring Hong Kong to Crack Down on Cryptocurrency?

There is an adage in the cryptocurrency space that goes something like; ‘You know it’s a bull run when China bans Bitcoin again’. It was Hong Kong tightening the screws this time, but it appears to be acting in the shadow of its overpowering neighbor and many of the world’s biggest exchanges could be affected.

2020-11-4 11:10
china cryptocurrency kong hong acting tightening screws

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China Passes Law Protecting Cryptocurrency Inheritance

China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law.

2020-5-31 16:30	Xi Jinping
china cryptocurrency inheritance law bitcoin such include

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Chinese Regulators Reportedly Shut 173 Cryptocurrency Exchanges in the Country; Paves way for CBDC

Twitter handle @cnLedger on November 25, 2019, quoted the People’s Bank of China’s (PBoC) newly released China Financial Stability Report 2019, where the apex bank stated that the Chinese regulators had clamped down on 173 cryptocurrency trading and token issuing platforms in the country.

2019-11-25 18:05	Virtual Currency
china cryptocurrency bank chinese country 2019 173

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China’s ‘Silicon Valley’ Identifies 39 Cryptocurrency Companies As Illegal

Shenzhen is the blockchain hub of China, but its law enforcement will soon be cracking down on cryptocurrencies. The state has identified some 39 illegal cryptocurrency companies operating within the city.

2019-11-23 00:17	Regulation
china cryptocurrency illegal silicon companies valley soon

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China’s threat acts: US crypto companies will be supported

At the hearings in Congress on October 23, Mark Zuckerberg warned US authorities against the danger of losing priority in cryptocurrency industry. Defending his Libra project, he drew congressmen’s attention to the fact that China is ready to launch own cryptocurrency.

2019-11-2 11:13
china cryptocurrency acts threat fact attention project

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China Emerges as Unexpected Hub for Blockchain and Cryptocurrency Developments

Around a year or two ago this time, it would’ve been laughable to suggest that China is going to become a global center for fintech innovation. Yet here we are today. China just passed a law regarding data encryption and cryptography that is set to be implemented in early 2020.

2019-10-28 16:00	Xi Jinping
china cryptocurrency blockchain early 2020 implemented cryptography

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Will China's 'Cryptocurrency' Pump - or Pummel - Bitcoin?

China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development.

2019-8-13 20:03	South Korea
china cryptocurrency 039 bitcoin pump pummel development

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China’s central bank is developing a state-run cryptocurrency in response to Facebook’s Libra

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	Regulation
china cryptocurrency bank facebook libra central response

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China’s Sina Finance adds cryptocurrency support on its application amid government clampdown

The People’s Bank of China [PBOC], the central regulatory authority that regulates Financial Institutions in the country, had issued a statement on June 25 that it would block access to all domestic and foreign cryptocurrency exchanges and ICO websites.

2019-7-4 03:30
china cryptocurrency clampdown country financial government finance

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How to Buy Cryptocurrency in China

In terms of technology and innovation, China has always been on the forefront of things. They have always had the most number of startups and products coming out at affordable and reliable prices.

2018-9-19 10:41	paxful
china cryptocurrency one always buy itsblockchain beefed

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How to buy Cryptocurrency in China

In terms of technology and innovation, China has always been on the forefront of things. They have always had the most number of startups and products coming out at affordable and reliable prices.

2018-9-12 10:41	paxful
china cryptocurrency one always buy itsblockchain beefed

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How to buy Cryptocurrency in china

In terms of technology and innovation, China has always been on the forefront of things. They have always had the most number of startups and products coming out at affordable and reliable prices.

2018-9-11 10:41	paxful
china cryptocurrency one always buy itsblockchain beefed

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China Embracing Blockchain but Continues to Clamp Down on Cryptocurrency Speculation

On the surface, China appears to be an enigma to crypto investors. On one hand, its tech companies are among the busiest in the world when it comes to filing applications for blockchain-related patents.

2018-9-6 14:59	Cryptocurrency
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges

China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers.

2018-8-24 00:24	Regulation
china cryptocurrency country icos exchanges trading ico

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China to crack down on 124 offshore cryptocurrency exchanges

It appears that cryptocurrency businesses are on the Chinese authorities’ radar again. China is blocking access to the websites of 124 offshore cryptocurrency exchange desks in the country, South China Morning Post (SCMP) reported today.

2018-8-23 15:21	World
china cryptocurrency exchanges down authorities offshore websites

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China’s Cryptocurrency Clampdown Turns Country Into A Bitcoin “Wasteland”

China was once the hub of the cryptocurrency movement. After a government crackdown in 2017, however, China has become a cryptocurrency “wasteland” according to a new report from Bloomberg. “Crackdown turns China from bitcoin’s epicenter to a wasteland,” reported Bloomberg earlier this week, citing stats like declining Yuan volume on cryptocurrency exchanges worldwide. The Chinese […]

2018-7-13 07:21	News
china cryptocurrency wasteland bloomberg crackdown turns bitcoin

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Chinese Yuan’s Share of Bitcoin Trading Dropped From 90% to 1%

China is one of the more technologically advanced nations in the world, and with its population closing in on 1. 4 billion, it was naturally one of the biggest Bitcoin markets during the cryptocurrency’s early days.

2018-7-13 05:00
one world biggest bitcoin cryptocurrency early markets

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Coinsquare Begins Overseas Expansion by Filing for a Japanese Exchange License

Japan has quickly risen to the top in terms of cryptocurrency activity. Ever since China’s PBoC officially banned fiat-based trading, Japan has taken its spot, alongside South Korea. Coinsquare, the Canadian exchange, is eyeing a Japanese expansion.

2018-7-13 21:00	Japan
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China Cracks Down on $1.5B World Cup Cryptocurrency Gambling Operation

The Chinese police has cracked a gang of online gambling operators using the World Cup for their illegal activities.

2018-7-13 19:01	News
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$1.5 Billion Of BTC, ETH And LTC Has Been Illegally Gambled During The World Cup

Police in Guangdong, a city in China have allegedly arrested hundreds of individuals for their involvement in an illegal gambling ring that has seen the gambling of $1. 5 Billion in cryptocurrencies over the world cup period.

2018-7-12 15:30	litecoin
billion gambling world guangdong cup eth seen

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Chinese Yuan’s Usage in Bitcoin Transactions Falls Dramatically After Regulatory Crackdown

A report from the Chinese news agency, Xinhua, has revealed that the Chinese Yuan’s share of bitcoin transactions has fallen dramatically following the Chinese government’s decision to impose a series of bans and restrictions on cryptocurrency trading and ICO fundraising in the world’s second largest economy.

2018-7-12 11:00	Regulation
chinese dramatically transactions yuan bitcoin trading crackdown

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China’s Share of Bitcoin Exchange Market Is Now 1 Percent Globally

There is no doubt that this demise in the Bitcoin trading is due to the continuous crackdown by the Chinese authorities on all cryptocurrency-related activities taking place in the country. China, which at one time grabbed a considerable market share of the cryptocurrency market, has now reduced to now having absolutely no dominance in it.

2018-7-11 17:21
market china share bitcoin one taking time

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Chinese Police Arrest Nearly Two Dozen Individuals for Cryptojacking

Cryptojacking has become an increasingly popular trend all over the world. Purposefully infecting computers with cryptocurrency mining malware can provide a very lucrative revenue stream. In China, nearly two dozen suspects have been arrested in the country’s largest cryptojacking case to date.

2018-7-11 16:00	monero
cryptojacking chinese two dozen nearly largest china

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PBOC Happy to Kill Bitcoin Trading, RMB-BTC Trading Now Less Than 1 Percent of Global Total

The People’s Bank of China (PBOC) announced on Friday, July 6, that Bitcoin trading in renminbi (RMB) has decreased to less than one percent of the world total. The trading figure reached its peak at 90 percent of the global total.

2018-7-10 16:54	trading
trading total bitcoin percent pboc global less

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Weather Disruptions Threaten Crypto Miners’ Profits

Crypto mining activities have often been called out because of their effects on the environment. However, in recent times, the environment has hit back at crypto mining facilities. Recent floods in Sichuan in China and heat waves in some regions of Europe made the global hash rate drop briefly, reports Financial Times.

2018-7-10 16:34	Mining
crypto weather environment times recent miners threaten

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China Separates Yuan From Bitcoin

Bitcoin trading in China is under tremendous pressure, as Chinese authorities continue to run the gauntlet into cryptocurrency trading and suspending transactions. The authorities claim the move is aimed at minimising the risks for its people.

2018-7-10 22:54	Yuan
bitcoin authorities china yuan separates trading remain

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Love is like a garden! Neglected and rotten growth creeps, well-developed and flourishes in abundance. Do not always get love. Love must work together daily!

Cryptocurrency mining malware that infected over a million computers in China reportedly earned its creators more than $2 million over two years. According to a local news report on Monday, police in China’s Da Lian city have arrested 20 suspects from a computer technology firm who allegedly gained control of the large number of computers

2018-7-9 14:46
love computers million china monday police report

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Cryptocurrency Mining Takes off in Japan

Japan has positioned itself as one of the world’s biggest cryptocurrency hubs. That in itself is a very important development, especially since China has made itself irrelevant. It now seems cryptocurrency exchanges are not the only major trend in Japan, as mining Bitcoin and altcoins has also become a lot more appealing. Bitcoin Mining in […]

2018-7-9 03:00	Japan
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Some Aren’t Optimistic about Bitcoin despite the Cryptocurrency Miners Promising Opportunities

Cheap rental prices and inexpensive electricity have driven cryptocurrency miners to the seaside city. While cryptocurrency miners have long worked in places like China and Scandinavia, many are setting their sights on other parts of the world.

2018-7-8 15:37
cryptocurrency miners cheap places world small big

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Crackdown on China: Educators push lax rules, 3 million holders exist in China, and Xiaolai keeping score

Economics In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed

2018-7-7 05:53
china chinese million monetary institute japanese international

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China Round-Up: Permissive Regulations Advocated, 3 Million Chinese HODLers, Xiaolai Recording Leaks

In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed bitcoin […] The post China Round-Up: Permissive Regulations Advocated, 3 Million Chinese HODLers, Xiaolai Recording Leaks appeared first on Bitcoin News.

2018-7-7 03:25
china chinese bitcoin recording advocated million permissive

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China Round-Up: Scholar Advocates Permissive Regulations, 3 Million Estimated Chinese HODLers, Xiaolai Recording Leaks

In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed bitcoin […] The post China Round-Up: Scholar Advocates Permissive Regulations, 3 Million Estimated Chinese HODLers, Xiaolai Recording Leaks appeared first on Bitcoin News.

2018-7-7 03:25
chinese china estimated recording million scholar bitcoin

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Huobi U.S. digital asset partner HBUS opens for new user registration

Huobi, a major China founded cryptocurrency exchange company today officially opened up new user registrations on strategic U. S. partner exchange HBUS. The exchange will go live on July 10th, following registration, at which time users will be able.

2018-7-7 21:35	Huobi
registration exchange huobi new user partner hbus

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HBUS Opens its Digital Currency Trading Platform to U.S. Customers Today

HBUS, a virtual currency marketplace and the U. S. strategic partner of Huobi, has begun accepting new registration from U. S. residents, starting today July 6, 2018.

2018-7-6 18:59	Investing
hbus huobi exchange currency partner bitcoin digital

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Baidu Will Unveil Totem Rewards by Mid-July for Their Blockchain-Based Photo Service

China Money Network reports that Chinese search engine giant Baidu is set to unveil its new blockchain layout and Totem Rewards for its blockchain-based photo service, Baidu Totem. The company recently announced that the two new features would be unveiled on July 18.

2018-7-6 15:29	blockchain
baidu totem unveil blockchain-based blockchain rewards service

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Chinese Bitcoin Billionaire Rips NEO, Tron, and Binance’s CEO in New Leaked Audio

Nearly an hour of secretly recorded audio of Chinese Bitcoin Billionaire, Li Xiaolai, has been leaked onto the internet today. Translations of the recording reveal shocking statements about major players in the cryptocurrency community, including NEO, Tron and Binance.

2018-7-5 20:55	Cryptocurrency News
binance leaked chinese audio bitcoin neo billionaire

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OTCBTC Lists XMX on OTC and Exchange Platform

XMax is one of the most popular projects in Asia advised by many famous investors and experienced in community building as their advisers founded China’s renowned 3 AM Sleepless Blockchain Group which is the largest cryptocurrency social media group in China.

2018-7-5 18:38
lists community china otcbtc group blockchain exchange

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MyCrypto Wallet Criticizes China’s FCoin Exchange For Ethereum Spam and Congestion

One of the most popular Ethereum and ERC20 token wallets ever created, MyCrypto, has heavily criticized FCoin, a Chinese Cryptocurrency Exchange, for congesting the Ethereum network with meaningless transactions recently.

2018-7-5 02:02	News
fcoin ethereum mycrypto exchange created ceo started

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Cryptocurrency Exchange BTCC Relaunches Its Trading Platform

Chinese cryptocurrency exchange BTCC has announced the official relaunch of its trading platform, while also suggesting that it will eventually offer its own token.

2018-7-3 17:25	Investing
btcc cryptocurrency trading points new bitcoin platform

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Tether [USDT] Denied Reports of Potential Double-Spend Vulnerability

There has been some controversy surrounding U. S. cryptocurrency issuer Tether, which is pegged to the U. S. dollar. A blockchain research firm from China called SlowMist posted a screenshot of a Tether transaction it claimed was double spent, which violates the concept of immutability, and exposed a flaw in the company protocol.

2018-7-3 23:44	Cryptocurrency
tether blockchain cryptocurrency double-spend reports denied usdt

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BTCC Cryptocurrency Exchange Relaunches, No Fees & Native Token Plans

Do you remember BTC China? It used to be one of the Top 3 cryptocurrency exchanges in the world before and now the platform has been relaunched as BTCC. The cryptocurrency trading platform launch was today and there plans of the company to release its own token. At the moment, BTCC offers live trading for […]

2018-7-3 23:29	News
btcc cryptocurrency trading platform plans token launch

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

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	Adoption
report vcs cryptocurrencies cryptocurrency currencies monetary should

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BTCC Relaunch Suggests Exchange Will Create Binance-Style Token

Chinese-owned cryptocurrency exchange BTCC has formally announced the relaunch of its platform while hinting it will launch an internal token. BTCC Token Will Be ‘Fully Convertible’ In a release on July 2, BTCC — which is among the longest-running exchanges both in China and the world — revealed basic details about its token and plans to progressively introduce new trading pairs.

2018-7-2 18:00	China
btcc token relaunch exchange points create suggests

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China Province Sichuan Sees Damaged Crypto Mining Operation Due to Floods

Cryptocurrency mining activities have been growing all over the world during the last years. China has became one of the main hubs for virtual currency operations in the world. But due to heavy floods in the Sichuan province, a major cryptocurrency mining operation has been heavily damaged by the water. The information has been reported […]

2018-7-2 23:57	News
mining cryptocurrency world china floods sichuan damaged

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Ontology Main Net Launches

Another top 20 cryptocurrency, Ontology, launched its mainnet yesterday, June 30th, 2018. The Ontology 1. 0 blockchain will support a two-token model: the ONT token will be used specifically for the blockchain’s governance while ONG will serve as a utility token.

2018-7-1 21:30	Cryptocurrency News
ontology blockchain token launched main launches china

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Local Media: Floods in China Heavily Damage Major Crypto Mining Operation

Floods in China’s Sichuan province, caused by two days of heavy rains, have reportedly resulted in the destruction of “tens of thousands” of cryptocurrency mining devices

2018-7-1 03:24	Mining
mining china floods reportedly heavy rains resulted

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BTCC CEO Bobby Lee: Investors in China are Still Trading Crypto Even After Bitcoin Ban

At the Blockchain Open Forum in Seoul, South Korea, China’s first crypto exchange BTCC CEO Bobby Lee said that investors in China are still trading cryptocurrencies even after the Chinese government imposed a ban on crypto trading in September 2017.

2018-6-30 14:00	China
china crypto trading even btcc ban still

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Chinese Bank PBoC Files Digital Wallet to Track Crypto Transactions Patent

China’s central bank, the so called People’s Bank of China, has presented a patent application for a wallet that consumers are able to use so as to track cryptocurrency transactions. The patent has been sent to China’s State Intellectual Property Office (SIPO) during the last week. In the last year, China has been one of […]

2018-6-30 09:27	News
china bank patent transactions track wallet intellectual

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Алекс Бержерон: «Рыночное предложение биткоинов опасно централизовано»

Тенденция к централизации майнинга биткоинов стала результатом многолетней конкуренции на рынке цифровых активов и теперь представляет угрозу, объявил криптоаналитик.

Основатель Poolin продает техасские площадки по добыче биткойнов за 49 миллионов долларов

Чжибао (Кевин) Пан, основатель и генеральный директор майнинг-пула Poolin, продает свое предприятие по добыче биткойнов и хостингу в Техасе, получившее название Lonestar Dream, за 49 миллионов долларов, компании Chinese Green Agriculture (CGA).

Most ETHPoW Miners Will Capitulate Soon, Says Ethereum Miner

Chandler Guo, a miner spearheading Ethereum's PoW fork, says most Ethereum miners will face bankruptcy soon. The post Most ETHPoW Miners Will Capitulate Soon, Says Ethereum Miner appeared first on BeInCrypto.

Poolin Offers Promissory ‘IOU’ ETH Tokens As The Merge Rolls Out; Customer Reserves Remain Frozen

China-based crypto mining-pool services provider Poolin, which halted all withdrawals from its PoolinWallet on the back of liquidity problems, will be issuing IOU tokens corresponding to that value.

Poolin Raises $10 Million in Second pBTC35A Token Sale

Poolin, the world’s leading multi-cryptocurrency mining pool has revealed that it has successfully raised $10 million from the sale of its pBTC35A bitcoin hashrate token to institutional investors, including Three Arrow Capital, Hashkey, Fenbushi, FBG Capital, and others, according to a TheBlock report on February 8, 2021 Poolin’s Second Token Sale Successful At a timeRead More

Chinese Mining Pool Poolin Acquires North American Competitor NovaBlock

The acquisition of NovaBlock by industry leader Poolin signals growing interest in geographical diversification of bitcoin mining. The post Chinese Mining Pool Poolin Acquires North American Competitor NovaBlock appeared first on Bitcoin Magazine.

While BTC’s Hashrate Remains High, It’s More Difficult Than Ever Before to Mine Bitcoin

At the end of January 2021, Bitcoin’s network mining difficulty, a measure of how complicated it is to mine a block reward, is higher than it’s ever been during the crypto protocol’s lifetime.

2019-8-22 23:00

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