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Category: Inner Mongolia
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Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’
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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
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China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down
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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
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Report: China’s Bitcoin Hashrate Dominance Dives, ‘North America Could Steal the Lead’
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China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
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Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
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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Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia
Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle between the Bitmain cofounders. For many years now Bitmain has been […]
The post Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia appeared first on Bitcoin News.
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Chinese Bitcoin Miners Migrate North After Wet Season
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan. Also read: RBI Ban Stops […]
The post Chinese Bitcoin Miners Migrate North After Wet Season appeared first on Bitcoin News.
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