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BAN ON BITCOIN MINING
Bitcoin mining in China rebounds, defying 2021 banThe resurgence in bitcoin mining, which has also been corroborated by rig maker Canaan Inc's fast-rebounding sales in China, could act as a...
Cost of crypto: report say U.S. bitcoin as dirty as 6 million carsThe industry's carbon footprint, the groups said, was 27.4 million tonnes from mid-2021 through 2022 - three times that of the largest U.S....
Bitcoin runs into Russian rules and regimentsWhile Bitcoin has slipped towards levels of around $42,000 in recent days, it hasn't surrendered all the gains made from lows of $32,950 hi...
Russia proposes ban on use and mining of cryptocurrenciesRussia has argued for years against cryptocurrencies, saying they could be used in money laundering or to finance terrorism.
Russia's central bank calls for crypto crackdownThe move is the latest in a global cryptocurrency crackdown as governments from Asia to the United States worry that privately operated and...
A Bitcoin boom fueled by cheap power, empty plants and few rulesSoaring Bitcoin values may be the investment talk of Wall Street, but a few hours north, in upstate New York, the buzz is about companies t...
Why China’s cryptocurrency ban is an opportunity for India?China banning digital assets has already forced several miners to move out to other countries. And with leading crypto-exchanges like Huobi...
US becomes largest bitcoin mining centre after China crackdownThe United States now accounts for the largest share of mining, some 35.4% of the global hash rate as of the end of August, followed by Kaz...
Has a long winter set in for Bitcoin? Top analyst says it’s just bear marketIt is important to note that while China has banned Bitcoin mining, it has not banned holding or transaction of Bitcoin. Its own central ba...
China's Bitcoin crackdown sparks fears of dirtier cryptominingBitcoin's value tumbled last week after China's central bank urged banks and payment firms in the country to crack down harder on cryptocur...
China crypto mining ban triggers exodus, bitcoin rigs sell like scrapThe China crypto mining ban may see up to 90% of all mining in the country go offline, according to an estimate, paralysing an industry tha...
China's ban forces some Bitcoin miners to flee overseas, others sell out"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwes...
China's Bitmain suspends sales of cryptomining machines after Beijing's mining banBitmain also said it is looking for "quality" power supplies overseas along with its clients, in places including the United States, Canada...
Bitcoin drops below $30,000 for first time in 5 monthsBitcoin sank nine percent to as low as $29,624, attaining a level last seen in January, with analysts citing Chinese efforts to crack down ...
Beijing doubles down on rooting out crypto in ChinaThe People's Bank of China's statement sent bitcoin tumbling to a two-week low and ether to a more than five-week low. On Tuesday, prices o...
China's cryptocurrency-mining crackdown spreads to SichuanCryptomining is big business in China, accounting for more than half of global bitcoin production.
Iran bans cryptocurrency mining for 4 months amid power cuts"The ban on the mining of cryptocurrencies is effective immediately until September 22 ... Some 85% of the current mining in Iran is unlice...
Crypto miners halt China business after crackdown, bitcoin tumblesBitcoin took a beating after China's crypto-mining ban and is now down nearly 50% from it's all-time high. The latest shakeout in digital c...
More Bark, Less Bite: China crypto players shrug off latest crackdownChina's latest salvo against cryptocurrencies has driven a brutal selloff in bitcoin markets but retail traders, miners and even crypto fin...
China crypto players shrug off Beijing's latest crackdownCryptocurrencies could still be bought from China on Thursday and investment schemes promising juicy returns for mining them remained opera...