Colin Wu – DIGIT INFO

MakerDAO delegate’s $11M in tokens stolen in phishing scam

DIGIT — Sun, 23 Jun 2024 12:50:28 +0000

The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets.

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Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

DIGIT — Sun, 03 Jul 2022 08:00:08 +0000

According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li is reportedly looking to sell a large stake in the digital assets company. Colin Wu […]

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Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner

DIGIT — Fri, 12 Nov 2021 14:30:37 +0000

At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and […]

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Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance

DIGIT — Mon, 07 Jun 2021 04:30:05 +0000

Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of […]

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‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector

DIGIT — Fri, 21 May 2021 18:00:46 +0000

A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. Chinese Government Report Mentions Bitcoin Mining, […]

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Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%

DIGIT — Sun, 18 Apr 2021 11:30:53 +0000

Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed Bitcoin’s Hashrate Down 49% At the time of writing, the […]

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Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High

DIGIT — Thu, 14 Jan 2021 01:30:19 +0000

The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61 trillion, the highest difficulty the network has ever experienced in […]

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Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners

DIGIT — Wed, 26 Aug 2020 09:30:33 +0000

Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese newsdesk Weixin revealed that bitcoin mining farms located […]

The post Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners appeared first on Bitcoin News.

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