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Category: Guizhou
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Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan have been threatened by local authorities. Sources say a hydropower station discharge sparked a […]
The post Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China appeared first on Bitcoin News.
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Blockchain Projects Live a Little Over a Year on Average, China Claims
The majority of blockchain projects have a short life span, averaging a little over one year, according to a report by Chinese researchers. Less than a tenth of the examined projects in the study are still active, a local official revealed at a big data expo in the city of Guizhou. Beijing, however, has recently […]
The post Blockchain Projects Live a Little Over a Year on Average, China Claims appeared first on Bitcoin News.
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