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China Banned Bitcoin Mining. What Happens To Small Hydropower Stations Now?
This China Business News article about hydropower stations will blow your mind. It contains revelation after revelation and clears the situation up. Now that Bitcoin mining is prohibited, who’s consuming that energy? How has the government decision affected private enterprises? Well, you’re not going to believe this. дальше »
2021-7-8 19:06 | |
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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. дальше »
2021-6-30 10:00 | |
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BREAKING: Bitcoin Miners in China’s Yunnan Province Cut off from Electricity Supply
Chinese Bitcoin Miners in the Dark According to multiple reports from Chinese crypto news sources on Monday, the Yunnan province issued an order for power stations to cease supplying power to Bitcoin (BTC) miners in the region. дальше »
2020-12-1 22:24 | |
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China Trials Its Central Bank Currency, The Digital Yuan, In Shenzhen’s Gas Stations
China’s Central Bank assists Shenzhen citizens in using its digital currency as payments to refuel their motor vehicles. The community in the tech hub of China (Shenzhen) received $1. 5 million in digital Yuan, airdropped to gear up the project, 11 gas stations are now accepting digital currency as payments, reported Economic Information Daily. дальше »
2020-10-18 17:41 | |
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Leading Iranian Power Stations to Supply Clean Energy to Crypto Miners
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. дальше »
2020-9-23 19:23 | |
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Chinese subway stations now let you pay for tickets by scanning your face
Facial recognition technology is used across China for everything from identifying criminals to measuring students’ attention in class. Now, it has debuted a system in its subway that lets you use your face as a ticket. дальше »
2019-9-23 09:14 | |
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Heavy Rains In China Force Bitcoin Miners To Stop Their Operations
Heavy rainfall in China’s Sichuan province has triggered land and mudslides leading to various local hydropower stations and Bitcoin mining farms to suspend their operations. Sichuan’s mountainous areas of Aba prefecture has been receiving heavy rains since Monday and local government now says landslides have now affected 17 counties in the area. There are several […] дальше »
2019-8-21 20:14 | |
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China Investigates Illegal Bitcoin Mining Farms at Hydropwer Stations In Sichuan Province
Authorities in China are investigating allegedly illegal Bitcoin (BTC) mining farms that have apparently been built without the required permissions in Sichuan province. This is according to the local media agency Sina in a report on May 30. дальше »
2019-5-31 01:54 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. дальше »
2019-4-11 23:38 | |
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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada
When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs. дальше »
2018-12-22 21:41 | |
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