China Bitcoin Mining ban
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Bitcoin News

Impact of China’s Crackdown on Bitcoin Miners In Charts, BTC Block Interval Hits 10 Year High

China’s recent crackdown on cryptocurrency miners over the last month has resulted in a massive exodus of mining operations to overseas locations. This has had a severe impact on the Bitcoin price which came crashing down under $30,000 levels last week. With the recent Chinese crackdown, the on-chain activity on the Bitcoin network has significantly

China’s recent crackdown on cryptocurrency miners over the last month has resulted in a massive exodus of mining operations to overseas locations. This has had a severe impact on the Bitcoin price which came crashing down under $30,000 levels last week. With the recent Chinese crackdown, the on-chain activity on the Bitcoin network has significantly

Bitcoin News
Bitcoin News

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

China’s latest ban and crackdown on local crypto mining operations has been a nightmare for several Chinese operators. On Saturday, June 19, the Chinese authorities targeted the Sichuan province asking local government bodies to investigate and shut down Bitcoin mining operations. This has resulted in a severe drop in the BTC hashrate of Chinese mining

China’s latest ban and crackdown on local crypto mining operations has been a nightmare for several Chinese operators. On Saturday, June 19, the Chinese authorities targeted the Sichuan province asking local government bodies to investigate and shut down Bitcoin mining operations. This has resulted in a severe drop in the BTC hashrate of Chinese mining

Bitcoin News
Bitcoin News

Canaan Asks Chinese Authorities to Reconsider Clean Energy Bitcoin Mining Operations

China’s biggest mining rig manufacturer Canaan has appealed to Chinese authorities to reconsider its indiscriminate ban on crypto mining activities in the country. Last month, China’s State Council announced a ban on Bitcoin and crypto mining operations leading to a major downfall in the crypto market. China has been one of the biggest destinations controlling

China’s biggest mining rig manufacturer Canaan has appealed to Chinese authorities to reconsider its indiscriminate ban on crypto mining activities in the country. Last month, China’s State Council announced a ban on Bitcoin and crypto mining operations leading to a major downfall in the crypto market. China has been one of the biggest destinations controlling