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Bitcoin News
bitcoin gold rise high
Bitcoin News

Bitcoin Miners are Taking Profits, Where is the Money Going?

Bitcoin miners are notably taking profits off the table, a trend that has been highlighted by crypto markets analytics platform, Glassnode. The Glassnode data shows that events that are crucial on-chain trends can also be well linked to real-life demands.  The Bitcoin mining ecosystem took a massive plunge back in the second quarter following the

Bitcoin miners are notably taking profits off the table, a trend that has been highlighted by crypto markets analytics platform, Glassnode. The Glassnode data shows that events that are crucial on-chain trends can also be well linked to real-life demands.  The Bitcoin mining ecosystem took a massive plunge back in the second quarter following the

Bitcoin News
Bitcoin News

Bitmain reveals divestiture plans for Antpool, the leading BTC mining pool

Bitmain, the world’s leading Bitcoin mining rig manufacturer recently concluded its semi-annual shareholder’s meeting where it revealed the progress of Antpool divestiture, the world’s leading Bitcoin mining pool. The mining chip manufacturer received shareholders nod to make its mining pool operations independent of the parent company in the first quarter and completed all the legal

Bitmain, the world’s leading Bitcoin mining rig manufacturer recently concluded its semi-annual shareholder’s meeting where it revealed the progress of Antpool divestiture, the world’s leading Bitcoin mining pool. The mining chip manufacturer received shareholders nod to make its mining pool operations independent of the parent company in the first quarter and completed all the legal

Bitcoin News
Bitcoin News

Black Rock Petroleum Company Set to Operate 1 Million Chinese Bitcoin Miners

Black Rock Petroleum company is all set to host and operate 1 million Bitcoin mining machines across its gas reserves under its new agreement. The petroleum company has signed a binding agreement with Optimum Mining Host Limited Liability Co to host and operate millions of Bit Miners being relocated from China. It will deploy all

Black Rock Petroleum company is all set to host and operate 1 million Bitcoin mining machines across its gas reserves under its new agreement. The petroleum company has signed a binding agreement with Optimum Mining Host Limited Liability Co to host and operate millions of Bit Miners being relocated from China. It will deploy all

Bitcoin News
Bitcoin News

Chinese crypto crackdown may extend to Stablecoin after butchering Bitcoin

Fan Yifei, Deputy Governor of the People’s Bank of China mentioned the speculative nature of both Bitcoin (BTC) and Stablecoins, at the State Council policy briefing this morning. He said bitcoin and stablecoins are a potential threat to the state’s financial security and social stability, as the decentralized digital currency has become a gateway to

Fan Yifei, Deputy Governor of the People’s Bank of China mentioned the speculative nature of both Bitcoin (BTC) and Stablecoins, at the State Council policy briefing this morning. He said bitcoin and stablecoins are a potential threat to the state’s financial security and social stability, as the decentralized digital currency has become a gateway to

Bitcoin News
Bitcoin News

China’s Top Bitcoin (BTC) Mining Pool Owner Predicts Inevitable End For Crypto Businesses

BTC.TOP and B.TOP CEO, Jiang Zhuoer claimed the foreseeable shut down of the majority of small-scale cryptocurrency businesses in China. He argued that small crypto business owners will face big losses due to a lack of resources to maintain legal offices and companies in China. Amid the infamous Chinese Crypto Crackdown, from the ban on

BTC.TOP and B.TOP CEO, Jiang Zhuoer claimed the foreseeable shut down of the majority of small-scale cryptocurrency businesses in China. He argued that small crypto business owners will face big losses due to a lack of resources to maintain legal offices and companies in China. Amid the infamous Chinese Crypto Crackdown, from the ban on

China
Bitcoin News
China
Bitcoin News

China: Hydropower Plants Up For Sale As Crypto Miners Rush to Leave China

Chinese online second-hand market is now seeing a surge in small hydropower plant listing over the past couple of weeks as crypto miners rush to leave the country.  As per a report in SCMP owners of these small hydropower plants are selling their stations in light of depleting demand for Bitcoin mining energy supply in

Chinese online second-hand market is now seeing a surge in small hydropower plant listing over the past couple of weeks as crypto miners rush to leave the country.  As per a report in SCMP owners of these small hydropower plants are selling their stations in light of depleting demand for Bitcoin mining energy supply in