Chinese Bitcoin miners are uncertain after China suspends crypto mining operations on Monday, HSBC says that the latest move by China is not new.

Huobi and OKEx restrict services for Chinese clients like using mining equipment, and while the latter ceased trading in China for its coin OKB.

Crypto Hedge Funds Are Betting on DeFi | Huobi and OKEx Limit Services to Chinese Customers Ahead of Government Crackdown | Crypto Project DeFi100 May Have Exit Scammed

Cryptocurrency miners, including HashCow and BTC.TOP, have halted their operations in China after authorities intensified a crackdown on bitcoin mining and trading. As reported earlier, a State Council committee led by Vice Premier Liu He had announced to crackdown late on Friday. This is the first time the council has targeted bitcoin mining. Noticeably, crypto […]

It’s been over a decade since Bitcoin was first announced to the world. It was the first censorship-resistant, trustless, decentralized payments network, but the original cryptocurrency wouldn’t generate much hype until a few years later. In the early stages following Bitcoin’s launch, cryptocurrency mining wasn’t even an industry yet, and was quite different from the fiercely competitive space it is today. This made it fairly simple for enthusiasts to mine BTC from their desktop computers, and is what enabled a programmer from Florida to make one of the most important purchases of his life. In May 2010, Bitcoin was still

Cardano (ADA) has climbed to fourth spot, overtaking Binance Coin (BNB) ADA has managed to leapfrog BNB following a difficult week for...

Another Chinese power outage could be the reason for the latest Bitcoin crash as we saw the previous one in April causing a crash as well because of the Chinese coal mine in Xinjiang that we reported in our latest Bitcoin news today. The hash rate of BTC plummeted 30% in one day which crippled […]

China reiterated its mining crackdown and Bitcoin reacted immediately as it dropped by 12% so let’s find out more in our latest Bitcoin news today. The financial committee in China emerged with the news that it will crack down on the BTC mining in the country and the note released includes a wide range of […]

With U.S. oil companies producing vast amounts of unwanted natural gas, Bitcoin miners are sending mining rigs to oil fields for mining the cryptocurrency.

The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […]

China is the epic center of Bitcoin mining despite the government’s ban on Bitcoin and crypto trading in the country. Chinese mining pools currently contribute more than 60% of the Bitcoin network’s hash power, but that could change for good as the central government is increasing crackdown on Chinese provinces known for housing some of

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The cryptocurrency market is experiencing incredible growth in the past year and a half, rivaled only by the ICO craze of 2017.

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