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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 […]

Bitcoin Breakout on the Cards Based on History, Says Crypto Analyst Jason Pizzino – Here’s the Timeline

Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower

Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips LowerBitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing close to 16%. Overall the global hashrate has dropped around 2% since the price fell below the $40k handle. Currently, the mining difficulty is around 21 trillion, and it could drop another 16% in less […]

Bitcoin Breakout on the Cards Based on History, Says Crypto Analyst Jason Pizzino – Here’s the Timeline

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, […]

Bitcoin Breakout on the Cards Based on History, Says Crypto Analyst Jason Pizzino – Here’s the Timeline