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Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’

Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. Miami’s Mayor Says City Is Open to […]

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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: ReportAccording to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. Sichuan Ya’an Energy Bureau Tells Bitcoin Miners […]

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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 […]

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Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible

Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as PossibleIranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. Rouhani believes the Iranian government should “communicate the necessary laws and instructions” as soon as possible so dishonorable crypto businesses are avoided. Regulation Necessary to Keep ‘Unprofessional’ […]

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While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan

While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in KazakhstanOn Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation. Chinese Miners Are Focused on Relocation, Canaan Opens Mining Rig Service Center […]

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Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications

Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining ImplicationsEver since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office plans to hold a meeting on June 2, 2021, […]

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Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in ChinaFollowing some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have also abandoned the country on Monday. Btc.top and Hashcow have suspended […]

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Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services

Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few ServicesOn Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended its cloud-mining operations and other crypto services to customers in mainland China. Rumors of China and Bitcoin’s […]

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