You Searched For "china bitcoin mining" and got 20 results
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2 mins read
Bitcoin and gold are both on fire right now — but for very different reasons
The leading cryptocurrency and the precious metal are both on winning streaks, but analysts say the…
George Glover
2 mins read
A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors
A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…
Kiera Fields
2 mins read
A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering
Jian Wen was convicted of money laundering in a London court on Wednesday after police seized 61,00…
George Glover
2 mins read
US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
Microsoft relayed concerns to the US government that a Cheyenne, Wyoming, Bitcoin mining operation …
Hannah Getahun
1 min read
Russia's bitcoin-mining industry is booming through war and sanctions
There's more bitcoin mining equipment flowing into Russia than anywhere else in the world as sancti…
Phil Rosen
2 mins read
Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study
Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …
2 mins read
Cryptocurrencies tumble as China continues its crackdown against mining
The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…
1 min read
China catches hundreds of banned crypto miners stealing electricity amid energy crisis
Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…
Carla Mozée
1 min read
The US unseats China as world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing's crackdown
The increase in the share of the US came after China in September banned all cryptocurrency transac…
Isabelle Lee
2 mins read
Cryptocurrency mining is causing power shutdowns in Kazakhstan, and China may be to blame
The electricity demand in the country has increased by eight percent so far this year as compare…
2 mins read
A New York power plant that mines bitcoin faces big test in governor's office
Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …
Isabelle Lee
2 mins read
Texas' power-grid operator is asking crypto miners to power down as the state's electricity system grapples with sky-high temperatures
Texas' power-grid operator, ERCOT, is paying businesses that eat up a lot of energy to shut down &m…
Katie Canales
1 min read
Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal
China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…
Carla Mozée
2 mins read
Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs
The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…
Emily Graffeo
3 mins read
The US has been sweeping up shares of the bitcoin hashrate as miners exit China
New data from the Cambridge Centre for Alternative Finance puts empirical evidence behind the ongoi…
Emily Graffeo
2 mins read
29-year old crypto billionaire Sam Bankman-Fried says FTX US is set to expand after fresh funding round
"When you look at FTX US, there's an enormous amount of potential growth," Bankman-Fried told CoinD…
Isabelle Lee
2 mins read
Here's why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading
"There are bigger concerns right now in crypto," Chris Vecchio of DailyFX, said, citing a hawkish F…
Isabelle Lee
4 mins read
Bitcoin mining gets easier with a drop in hash rate but Ethereum’s popularity is catching up
Ethereum stepped up its game and briefly had more active addresses than Bitcoin this month. That…
2 mins read
Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says
Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…
Isabelle Lee
2 mins read
Bitcoin tumbles 11% after China steps up crackdown on crypto mining and financial operations
Sichuan authorities have ordered bitcoin miners to "clean up and terminate" their operations, accor…