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Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery

Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a MysteryOver the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show the hashrate has been fluctuating wildly, and across the last week it has slid downward roughly 26%. Reports Show Bitcoin Mining Crackdowns in Five Chinese Provinces Despite the slide, the […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To VerifyOn Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces