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3232Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down
https://www.digit.info/report-document-shows-specific-bitcoin-miners-in-xinjiang-instructed-to-shut-down/
Wed, 09 Jun 2021 16:30:31 +0000https://www.digit.info/2021/06/09/report-document-shows-specific-bitcoin-miners-in-xinjiang-instructed-to-shut-down/Read more]]>An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin activities at the park must cease by June 9, according to the document. Nevertheless, […]
]]>China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%
https://www.digit.info/chinas-carbon-neutral-stance-puts-pressure-on-btc-miners-sichuan-electricity-to-increase-150/
Sat, 24 Apr 2021 18:30:27 +0000https://www.digit.info/2021/04/24/chinas-carbon-neutral-stance-puts-pressure-on-btc-miners-sichuan-electricity-to-increase-150/Read more]]>Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. Meanwhile, Chinese miners located in Sichuan may put more pressure on […]
]]>Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
https://www.digit.info/bitcoin-hashrate-drops-over-45-xinjiang-grid-blackouts-blamed-btc-price-slides-10/
Sun, 18 Apr 2021 11:30:53 +0000https://www.digit.info/2021/04/18/bitcoin-hashrate-drops-over-45-xinjiang-grid-blackouts-blamed-btc-price-slides-10/Read more]]>Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed Bitcoin’s Hashrate Down 49% At the time of writing, the […]
An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin activities at the park must cease by June 9, according to the document. Nevertheless, […]
Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. Meanwhile, Chinese miners located in Sichuan may put more pressure on […]
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed Bitcoin’s Hashrate Down 49% At the time of writing, the […]