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Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. Go to Source Powered by WPeMatico
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network. Go to Source Powered by WPeMatico
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once again. Moreover, Glassnode statistics show that blocks are being produced at … Read more
Bitcoin’s Miner Outflow Multiple shows that buoyant miners are keeping their coins and weaker players have none left to sell, argues Tuur Demeester. Go to Source Powered by WPeMatico
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty. Go to Source Powered by WPeMatico
Kyrgyzstan’s parliament is deliberating on a tax regime for miners that would be the country’s first regulated framework for crypto activities. Go to Source Powered by WPeMatico
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 … Read more
Reports indicate that Micree Zhan obtained a significant victory as he led a team of guards into Bitmain’s Beijing office to establish himself as its legal representative. Go to Source Powered by WPeMatico
United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units. Go to Source Powered by WPeMatico
Chinese law enforcement discovered an illegal Bitcoin mining operation in what appeared to be multiple underground burial sites. Go to Source Powered by WPeMatico