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

Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin MinersRegional 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 […]

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Zhao Dong Recounts How He Lost 9,000 BTC

Zhao Dong Recounts Story of 9000 BTC LiquidationFamed Chinese OTC bitcoin trader, Zhao Dong, recently shared the story of how he first entered the bitcoin markets, the losses he incurred, and his views on speculation in the cryptocurrency markets. Also Read: Snowden on Bitcoin: Blasts Public Ledger and Core Developers Zhao Dong’s Rocky Start in the Cryptocurrency Markets Zhao Dong, the founder of […]

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