China | ForkLog

ForkLog 15 28.06.2021

Opinion: China’s era in Bitcoin mining has ended.

Miners are leaving China under government pressure and moving equipment to other regions. The era of China's dominance in this industry can be considered over, said Alejandro de la Torre, Poolin's vice president, in a ForkLog commentary.

AI translated

ForkLog 14 27.06.2021

MicroStrategy CEO calls China’s Bitcoin-mining crackdown a trillion-dollar mistake

Restrictive measures against the Bitcoin mining industry in China have been a tragedy for miners and a geopolitical misstep by the authorities. This was the view of MicroStrategy CEO Michael Saylor in an interview with Bloomberg.

AI translated

ForkLog 8 25.06.2021

Ethereum hash rate falls 20% amid Chinese miner outages

The Ethereum network's total hash rate fell sharply amid crackdowns on miners in China.

AI translated

ForkLog 17 25.06.2021

Poolin halts payouts on ‘hashrate tokens’ amid crackdown on miners in China

Poolin, which controls 11.3% of Bitcoin's hashrate, announced the suspension of payouts of Bitcoin and Ethereum for users who locked hashrate-tokens in the Mars protocol.

AI translated

ForkLog 15 24.06.2021

Bitmain offers Chinese miners assistance with relocation abroad.

Representatives of the mining equipment maker Bitmain, at a meeting with clients in Chengdu, the capital of Sichuan province, shared information about organizing business abroad and offered assistance. The company reported this on WeChat.

AI translated

ForkLog 5 23.06.2021

Crackdown on Chinese miners drives up supply of used ASIC devices

The volume of used mining devices put up for sale has surged amid the Chinese authorities' decision to halt operations of key miners. This was reported by The Block.

AI translated

ForkLog 9 23.06.2021

Experts assess the impact of Kazakhstan’s bitcoin mining levy on Chinese miners’ migration

The Senate of Kazakhstan's parliament passed a bill establishing an additional electricity levy for miners. The document is currently with President Kassym-Jomart Tokayev for signature.

AI translated

ForkLog 16 23.06.2021

Foundry vice-president: by the end of June 90% of Chinese miners will have shut down their equipment

About 70% of Chinese cryptocurrency mining companies have already shut down their equipment, and by June 30 their share will be close to 90%, said Kevin Zhang, Foundry's vice-president for business development.

AI translated

ForkLog 25 22.06.2021

Opinion: China’s crackdown on miners confirms Bitcoin’s resilience

Restrictive measures against Bitcoin mining should be viewed positively, as they confirm the soundness of the first cryptocurrency. This view was voiced by miner Brandon Arvanaghi in an interview with Bloomberg.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 22.06.2021

CNBC host Jim Cramer sold ‘almost all of his bitcoins’ amid China’s tightening crypto policy

Former hedge-fund manager of Cramer & Co. and host of Mad Money on CNBC, Jim Cramer sold most of his bitcoins after news of mining restrictions in China.

AI translated

ForkLog 10 22.06.2021

China bars banks and payment systems from Bitcoin transactions

The People’s Bank of China held a meeting with representatives of financial institutions. The regulator banned them from participating in cryptocurrency transactions and ordered authorities to crack down on such activity.

AI translated

ForkLog 5 21.06.2021

Media: Three tonnes of bitcoin miners to be moved from China to the United States

Against the backdrop of the Chinese authorities' crackdown on the crypto industry, a logistics firm in Guangzhou said it was transporting a large batch of bitcoin miners to the United States.

AI translated

#China