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Category: Chinese Mining
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Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down
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BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed
On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower. […]
The post BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed appeared first on Bitcoin News.
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Despite Lower Prices, Bitcoin’s Hashrate Remains Strong
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto prices, the SHA-256 hashrate has remained unscathed and continues to show persistent […]
The post Despite Lower Prices, Bitcoin’s Hashrate Remains Strong appeared first on Bitcoin News.
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Bitmain’s Nishant Sharma Talks China and Crypto in the Humans of Bitcoin Podcast
This week on the Humans of Bitcoin podcast host Matt Aaron chatted with Bitmain’s Nishant Sharma who shared his story and discussed the western hemisphere’s false impressions of China and Bitcoin. During the interview, Sharma conversed about his work with Bitmain, one of the largest cryptocurrency companies in the world, and addressed some of the […]
The post Bitmain’s Nishant Sharma Talks China and Crypto in the Humans of Bitcoin Podcast appeared first on Bitcoin News.
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The Daily: Fake Trezor Website, Floods Take Out Mines, and New Crypto Investments
Among the stories from around the cryptosphere featured in today’s edition of Bitcoin in Brief are a fake Trezor wallet website and floods in China that reportedly took out enough mining farms to make a dent in the global hash rate, as well as a couple of new investments in the field. Also Read: Cryptojacking […]
The post The Daily: Fake Trezor Website, Floods Take Out Mines, and New Crypto Investments appeared first on Bitcoin News.
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Bitcoin in Brief Thursday: Bitcoin Supporter Might Be Next NY Attorney General
Good news for American bitcoin companies, someone who wants much lighter Bitlicense regulations is in the running to be the next New York attorney general. And in China, a bitcoin mining hardware producer is planning a $1 billion IPO. These stories and much more in today’s edition of Bitcoin in Brief. Also Read: Stripper Explains […]
The post Bitcoin in Brief Thursday: Bitcoin Supporter Might Be Next NY Attorney General appeared first on Bitcoin News.
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Chinese Government, Central Bank Continue Crackdown on Cryptocurrency Trading
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Classic Mainstream Media Clickbait Scare Resurfaces: ”Chinese Government Can Take Over Bitcoin”
The latest story (again) on mainstream media meant to scare away uninformed people from using bitcoin is about the possibility of China taking over the cryptocurrency. This particular FUD (fear, uncertainty and doubt) meme was also publicized widely in 2015 and 2016. Also Read: The Psychology of the Cryptocurrency FOMO-FUD Cycle Has Been Weaponized Scare […]
The post Classic Mainstream Media Clickbait Scare Resurfaces: ”Chinese Government Can Take Over Bitcoin” appeared first on Bitcoin News.
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