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The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status. However, the prospectus sent to SEC shows that while Ebang … Read more
New information appears to show that an alleged street brawl between execs at Bitmain did not occur as reported Go to Source Powered by WPeMatico
In a recent interview, China Telecom chairman said that blockchain has high-potential use cases to enhance 5G network services. Go to Source Powered by WPeMatico
A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology. Go to Source Powered by WPeMatico
As the halving approaches, Bitcoin’s hash rate sees major volatility. So what does it mean, exactly? Go to Source Powered by WPeMatico
Power struggle at Bitmain intensifies as the company’s executive reportedly gets arrested for partaking in a mob attack on the company’s ousted co-founder. Go to Source Powered by WPeMatico
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently, the university’s Bitcoin Mining Map provides data … Read more
Cambridge University has launched a ‘Bitcoin Mining Map’ that shows the distribution of hashing power worldwide as well as within China. Go to Source Powered by WPeMatico
A court dispute between an international couple and four Bitcoin robbers has come to an end. Go to Source Powered by WPeMatico
A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met. Go to Source Powered by WPeMatico