TL;DR Breakdown Miners in YunnanProvince get ultimatum to stop mining Other reasons China clamp down on Bitcoin The Bitcoin mining ban wind has slowly crept to Yunnan Province as authorities gave miners June deadline while campaigning against the misuse of electricity by miners in the province. Local reports in China reports that the Energy Administration […]

China's Bitcoin ban is spreading to Yunnan Province, but the government is doubling down on 'independent' blockchains, in this week's da bing.

Chinese province Yunnan is gearing up to outright ban crypto mining in response to similar moves by Qinghai, Xinjiang, and Inner Mongolia. ...

Authorities in the Chinese province of Yunnan will reportedly ban illegal Bitcoin mining by the end of June, joining three other provinces that have issued similar bans.

The China-US Crypto Cold War sees the two biggest economies compete for blockchain supremacy as well as artificial intelligence. So let’s see how big of an impact this can have on the market in our crypto news today. China has been looking to increase its capabilities in the blockchain space especially now since most of […]

The world's two largest economies compete on everything from trade to artificial intelligence. New battle lines are being drawn in blockchain, too.

Mustafa Yilham, VP of global business development at Asian mining and wallet company Bixin, took to Twitter today to explain why Bitcoin’s hash rate—the total computing power of the blockchain—dropped by around 25% last week.

The post Miner explains why the Bitcoin hash rate fell by 25% recently appeared first on CryptoSlate.

The Yunnan government has published a plan to boost local blockchain activities, including crypto mining infrastructure.

The post Chinese hydropower hub reveals ‘blockchain computing’ plan appeared first on The Block.