1. Home
  2. China Mining

China Mining

China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down

China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut DownFollowing the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. Similarly, the Qinghai Industry and Information Technology Department’s document explains bitcoin mining operations cannot operate in the area. Qinghai Province […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector

‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining  SectorA recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. Chinese Government Report Mentions Bitcoin Mining, […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining ActivitiesAuthorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed it. Authorities Sent an ‘Emergency Note’ to Three Biggest Telecom Operators As first reported […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve