China Forces Bitcoin Miners to Scale Down Amid Electricity Shortfall
With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing ...
Tag: Bitcoin in China
Bitcoin Price to Continue Upward Trajectory Over the Next 5 Years
Despite the recent price struggles for bitcoin, Spencer Bogart says the top-ranked crypto will continue to see an upward growth ...
SMC Capital Partner Explains Why Weekend Bitcoin Trading is Booming
Mikhail Mironov of SMC Capital says weekend trading volumes for bitcoin and cryptocurrencies, in general, is indicative of growing retail ...
Bitcoin is Permitted by Law, Chinese Arbitration Court Says
The Shenzhen Court of International Arbitration recently issued a ruling saying there is no prohibition against Bitcoin ownership and transfer ...
Bitmain Looking to Launch Canadian Bitcoin Mining Operation
In response to increased regulatory pressures in China, Bitmain wants to set up shop in Canada. Bitmain is one of ...
Could China Learn to Love Crypto Again?
Even though China is one of the countries spearheading the fight against decentralized cryptocurrencies, previous BTCC CEO, Bobby Lee, is ...
Chinese Billionaire and Giant Network CEO Invests ‘Tens of Millions’, Acquires 10% Stake in OKCoin
Shi Yuzhu, CEO of online game developer Giant Network has reportedly invested millions in OKCoin's sole shareholder, effectively giving it ...
People’s Bank of China Deputy Governor: ‘Bitcoin is Dying’
Once upon a time, China was the leader in bitcoin mining, accounting for an estimated 71% of the bitcoin mining ...
