Tag: Chinese bitcoin miners

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Centralized Cryptocurrency

China Looks to Ban & Censor Centralized Cryptocurrency Trading: Reports

China Looks to Ban & Censor Centralized Cryptocurrency Trading: Reports China’s clampdown on cryptocurrencies continues as financial authorities reportedly plan to block domestic access to cryptocurrency trading platforms that enable centralized trading, within China and beyond. A little over a year after China began its crackdown on the local cryptocurrency ecosystem, that scrutiny is now…
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January 16, 2018 0
Chinese

Big Chinese Bitcoin Miners Are Turning to Canada

Big Chinese Bitcoin Miners Are Turning to Canada The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the Chinese have taken refuge, and many more might be on the way. Cold Power Just a couple of days ago we reported…
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January 12, 2018 0
Chinese Bitcoin Miners

Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown

Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown An increasing number of Chinese miners are reportedly exploring other jurisdictions in which to operate amid growing uncertainty regarding the future of China’s mining industry. Although the Chinese government has not indicated that it will extend its cryptocurrency crackdown to target miners, many are making…
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November 19, 2017 0
Bitcoin Mining

Chinese Hydroelectric Crackdown Could Herald the Demise of Cheap Bitcoin Mining

Chinese Hydroelectric Crackdown Could Herald the Demise of Cheap Bitcoin Mining Chinese bitcoin miners are the latest tranche of the country’s cryptocurrency community to be hit by restrictions. This time it’s not the government but a subsidiary of the State Grid Corporation that has issued the decree, in a move which calls into question the…
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November 14, 2017 0