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BITCOIN MINING IN CHINA
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...14 Oct, 2021, 10.42 AM IST- Exodus of cryptocurrency machines from ChinaChina mined two-thirds of the world's bitcoins in 2020; in other words, until last year, Chinese bitcoin mining accounted for around 65 per...05 Sep, 2021, 10.42 AM IST
- 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...25 Jun, 2021, 12.30 PM IST
- 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...25 Jun, 2021, 11.00 AM IST
- 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...25 Jun, 2021, 08.49 AM IST
- Crypto honchos see miners fleeing China as crackdown deepens“We’re seeing a lot of those miners moving out of China to other places,” Changpeng Zhao, the CEO of Binance Holdings said in an interview ...24 Jun, 2021, 12.17 PM IST
- 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 ...22 Jun, 2021, 06.27 PM IST
- Why China is getting tough on cryptocurrencyChina's regulatory assault on the digital currency has crypto watchers reaching for answers as to why Beijing is clamping down now and what...22 Jun, 2021, 09.42 AM IST
- Bitcoin tumbles 10% in wake of deepening China crackdownBitcoin fell as low as $32,094 to its lowest in 12 days, dragging smaller coins down. It was last down 8.3%, on course for its biggest dail...21 Jun, 2021, 08.22 PM IST
- Bitcoin tumbles 10% in wake of deepening China crackdownThe world's biggest cryptocurrency, long plagued by volatility, has lost over 20% in the last six days alone21 Jun, 2021, 04.32 PM IST
- Bitcoin drops as hashrate declines with China mining crackdownThe largest cryptocurrency fell 5.5% to $34,142 as of 10:50 a.m. Sunday in New York, dropping for a fourth time in the past five sessions. ...21 Jun, 2021, 08.01 AM IST
- China's cryptocurrency-mining crackdown spreads to SichuanCryptomining is big business in China, accounting for more than half of global bitcoin production.19 Jun, 2021, 05.13 PM IST
- China's cryptocurrency-mining crackdown spreads to Yunnan in southwestIn addition to concerns about the huge amounts of energy needed for the computing power to create cryptocurrencies, the central government ...12 Jun, 2021, 04.50 PM IST
- In widening Chinese bitcoin crackdown, Sichuan to probe cryptomining: OfficialChina's central government vowed last week to crack down on bitcoin mining and trading, while this week Inner Mongolia, also a major mining...27 May, 2021, 10.14 PM IST
- China's crypto crackdown speeds shift to central Asia, North America miningChina's central government vowed to clamp down on bitcoin mining and trading on Friday, causing some miners to halt all or part of their op...26 May, 2021, 10.27 PM IST
- 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...24 May, 2021, 10.50 AM IST
- 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...21 May, 2021, 06.22 PM IST
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