The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities in Moldova Prohibit Bitcoin Minting and Mining Hardware Imports to […]
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Xinjiang Province regulators have issued an official document informing local bitcoin miners to submit status reports on a specific schedule. Also Read: Japanese ‘Virtual Currency Girls’ Spreading Cryptocurrency Knowledge An Orderly Exit Bitcoin mining companies were told to write a status report before Jan. 5, according to a government notice signed by a Xinjiang […]
The post Chinese Authorities Ask Local Miners to Submit Monthly Status Reports appeared first on Bitcoin News.
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The People’s Bank of China (PBOC) today had a closed-door meeting on the use of electricity for bitcoin mining. The legitimacy of the news has been confirmed by Tencent Finance. Also Read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot The PBOC Investigates the Power Usage of Bitcoin Mining Tencent Finance said that China’s central bank recently […]
The post Chinese Central Bank Hosts Closed-Door Meeting on Electricity Usage of Bitcoin Miners appeared first on Bitcoin News.
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