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 Communal Electricity Needs Over Crypto...
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 trajectory in the next five years. The Blockchain...
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 trading especially from Asia. Chinese 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 in China. The decision means that despite...
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 the largest and perhaps the most well-known bitcoin mining and...
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 hopeful that the country will eventually...
Chinese Billionaire and Giant Network CEO Invests ‘Tens of...
Shi Yuzhu, CEO of online game developer Giant Network has reportedly invested millions in OKCoin’s sole shareholder, effectively giving it a 10% stake in the online exchange...
People’s Bank of China Deputy Governor: ‘Bitcoin is...
Once upon a time, China was the leader in bitcoin mining, accounting for an estimated 71% of the bitcoin mining market. But that bubble burst in September 2017 when the Chinese Central...
China Should Create Its Own Cryptocurrency ‘As Soon as...
A researcher at the Central University of Finance and Economics suggests that the Chinese government should start its own cryptocurrency. The Current State of Bitcoin in China In the...
BTCChina Announces They Will Stop Trading by End of Month
CHINA BANS BITCOIN; a phrase that many people in the Bitcoin community have heard a dozen times and will probably hear it a dozen more. But for the first time, it could have some truth...
2017 Blockchain Global Summit – Shape The Future
The BitKan “2017 Shape the Future” Blockchain global summit has changed its location, it will now be held in Hong Kong instead of Beijing and will take place later this...
Chinese Documentary ‘Bitcoin – Shape the Future’ to...
On September 10, Bitcoin and blockchain industry leaders from around the world will be in attendance for the much-anticipated premiere of the documentary, one of the highlights at this...