2020-4-28 07:18 |
A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity.
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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 Chinese Government is continuing to work towards a greener future by barring crypto mining in the nation. The post Chinese Mining Crackdowns Expand to Hebei Province appeared first on BeInCrypto.
2021-9-14 20:00 | |
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The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities
2020-4-29 20:43 | |
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Even as President Trump feared China’s bitcoin-prowess, the fact is far from the truth it appears as news breaking from local Chinese mining industry reveals that they are shutting down operations in larger numbers.
2018-10-19 22:05 | |
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A small Chinese province was coerced to close down illegal bitcoin mining activities in the respective region before August 2018. This is In accordance with Chinese government currently busting all the crypto related operations.
2018-7-25 01:50 | |
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It became known that local authorities of Chinese mountain region Xinjiang are going to haul illegal mining activities before summer 2018 will come to a close. The post China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August appeared first on CoinSpeaker.
2018-7-24 21:58 | |
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In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in the region before August 2018. Mining Crackdown As reported recently on local news Jinse, the northwestern Chinese region of Xinjiang Uyghur has identified “illegal” mining operations taking advantage of the naturally cool, […] The post Chinese Region Halts Cryptocurrency Mining Operations appeared first on CryptoSlate.
2018-7-24 07:00 | |
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China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. “Local utility agencies and companies will be held accountable if they failed to shut down ‘illegal’ bitcoin mining operations,” the EIC writes. He said: “I have two partners (in the region):
2018-7-23 18:21 | |
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China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed.
2018-7-23 15:02 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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Bitmain, the Chinese Bitcoin mining giant currently valued at $12 billion, is looking to expand their Development Center in Israel and recruit more than 40 people. The new round of recruitment will triple the current number of employees at the Ra’anana center based on July 2018 reports.
2018-7-21 22:00 | |
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Bitmain Technologies, the company behind the world’s biggest cryptocurrency mining corporation has announced plans to open a 20,000 square foot office in the West’s main technology hub, Silicon Valley.
2018-7-20 09:27 | |
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Bitmain Technologies, the company behind the world’s biggest cryptocurrency mining corporation has announced plans to open a 20,000 square foot office in the West’s main technology hub, Silicon Valley.
2018-7-20 23:38 | |
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In a blog post published on July 16, 2018, Block. one announced that it successfully managed to secure funding from some private organizations and individuals. The company is best known for its EOS blockchain platform that had its mainnet launch in June 2016.
2018-7-19 21:00 | |
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Israel To Be The Next Potential Market For Bitmain To Expand Its R&D Bitmain is looking to expand its business and now it is targeting Israel. The Chinese cryptocurrency mining which is the market giant will be expanding its working area of research and development in Israel. By focusing on Israel there would be a […]
2018-7-19 12:02 | |
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The rating of the Chinese unicorn companies for the first time included participants from the cryptocurrency industry. They are three Chinese companies that produce mining equipment.
2018-7-19 21:02 | |
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For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion.
2018-7-18 12:30 | |
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With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan.
2018-7-18 01:30 | |
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Chinese chip mining manufacturer Bitmain and hedge fund investors Peter Thiel, Alan Howard and Louis Bacon participated in the latest funding round of Block.one.
2018-7-16 18:55 | |
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Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.
2018-7-14 01:04 | |
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Chinese Trojan developers arrested after being suspected of illicit control of over 300 million computers. A few have already been released on bail. The post China Arrests Trojan Developers Who Controlled over 1 Million Computers for Mining appeared first on CoinCentral.
2018-7-12 18:40 | |
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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 | |
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Local police, recently, arrested a group of Chinese technology professionals in Da Lian City over charges of running a $2 million illegal crypto mining scheme. Of the 20 suspects, 11 were released on bail while 9 others have been jailed.
2018-7-10 16:14 | |
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A group of crypto mining malware creators has acquired illegal crypto wealth worth $2 million over the last two years according to Chinese news report. The alleged suspects for the cybercrime include 20 men who were arrested on Monday by Da Lian city Policemen.
2018-7-9 14:43 | |
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Chinese cryptocurrency mining equipment producer Bitmain has been valued at approximately $12 billion following a Series B funding round. The company is also reportedly mulling a pre-IPO funding round “in the
2018-7-8 15:34 | |
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According to sources, Bitmain, the Chinese Bitcoin [BTC] mining company, has recently closed a Series B funding round. This values the firm at $16 billion. The news emerged from the Chinese business media outlet Caixin, which reported earlier today that Bitmain had new equity funding.
2018-7-7 05:08 | |
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$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]
2018-7-7 23:43 | |
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Having successfully closed a Series B round funding, the China-based cryptocurrency industry giant Bitmain is valued $12 billion. As it has been reported, one of the most popular Chinese bitcoin miner and mining chip designer Bitmain Technologies Ltd.
2018-7-6 18:57 | |
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According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China.
2018-7-6 18:50 | |
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Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion.
2018-7-6 09:26 | |
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Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion.
2018-7-6 09:26 | |
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Bitmain, Chinese manufacturer of mining equipment, and Bitfinex, suspected of manipulating the bitcoin price, have become two of the 21 block producers in the EOS network, with Bitfinex being the largest one.
2018-7-5 18:30 | |
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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 | |
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Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output.
2018-7-3 17:19 | |
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Overview Southwestern Chinese province, Sichuan has just been struck with heavy storms bringing damaging floods which have wiped out many Bitcoin mining machines. China is known for being a world-wide leader in Bitcoin mining as they have cheap electricity, excess coal, and most of the leading Bitcoin mining pools situated there.
2018-7-2 18:39 | |
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Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners. Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output.
2018-7-1 19:00 | |
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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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Mining In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian
2018-6-28 13:37 | |
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In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian exclave […] The post Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China appeared first on Bitcoin News.
2018-6-28 12:55 | |
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Crypto mining has been grabbing headlines in recent weeks, whether it’s the proposed moratorium in Missouri or the hiked power prices in Quebec. Most recently, a crypto miner who attempted to ‘steal’ power for his mining operations was arrested and his equipment confiscated.
2018-6-27 21:00 | |
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In a non-binding agreement, BTCC Pool Limited — the mining operation of former Chinese exchange BTCChina — agreed to sell a 49% stake of its Bitcoin mining pool. With 4. 55% of all Bitcoin blocks in the last year, BTCC’s operation is effectively the 7th most successful BTC mining pool in the world.
2018-6-26 18:00 | |
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The Chinese mining company Bitmain now controls over 40% of the BTC hashing power. This means that the company is approaching the hashing power required to control the Bitcoin network and – if it pleased – stage a 51% attack.
2018-6-26 00:26 | |
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Mining pools controlled by the largest Chinese ASIC miners producer Bitmain, mined more than 42% of bitcoin blocks last week, and their share in the network hashrate is growing, making a '51% attack' on bitcoin more real.
2018-6-26 22:14 | |
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A new China-based cryptocurrency exchange that launched in May is gathering critical reviews from the Chinese media because of its “trans-mining model” of revenue generation. The exchange’s trading volume witnessed an instant spike, surpassing some of the biggest exchanges in the world.
2018-6-25 20:38 | |
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Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, June 25.
2018-6-25 17:29 | |
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Chinese crypto mining giant, Bitmain, has mined over 42% of all Bitcoin blocks recently giving rise to fears that the company could soon have control over the 51% threshold necessary for a network attack.
2018-6-25 15:14 | |
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One of China’s largest Bitcoin mining hardware makers, Ebang Communication, has filed an application for an IPO with the Hong Kong Stock Exchange
2018-6-25 15:02 | |
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Chinese police have arrested a suspect on charges of alleged power theft, seizing 200 bitcoin and ethereum mining computers in the process.
2018-6-25 03:00 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills
Bitaxe founder Skot not only created the first ever open-source ASIC-based Bitcoin miner, but he’s inspired over 4,000 others to contribute to open-source Bitcoin mining projects.